What we do is costly! Your support will help us dig more stories.

Yes, I'm Interested!

Ignorance isn't always bliss | Don't stay foolish.
Keep informed | Read our news and analysis.

×

Stock market

Index surpasses 2,800 as market regains momentum

Photo: Yan Krukau | Pexels
Photo: Yan Krukau | Pexels

NEPSE climbs past 2,800 points as all sector indices rise, led by production and processing; turnover jumps to NPR 8.32 billion.

-the_farsight |

The NEPSE index climbed to 2,802.52 points on Wednesday, rising 45.12 points and crossing the 2,800-mark. All trading sub-sectors contributed to the market’s upward movement, with the production and processing sector leading gains with a 3.87% increase.

A total of 251 companies saw their share prices rise, while seven companies hit the positive circuit. Reliance Spinning Mills, Shrinagar Agritech, Solu Hydropower, Hotel Forest Inn, Super Khudi Hydropower, Rizline Energy, and Suryakund Hydropower were among those registering the maximum allowed price surge. Other notable gainers included: Sanvi Energy: 9.22% and Bandipur Cable Car: 8.18%

On the downside, investors in 15 companies suffered losses, with Swetganga Hydropower experiencing the steepest decline, dropping 4.35%.

Trading activity also picked up, with turnover reaching NRs 8.32 billion, up from NRs 6.73 crore on Tuesday. SY Panel recorded the highest volume at NRs 468.1 million, followed by Reliance Spinning Mills at NRs 421.6 million and Shivam Cement at NRs 372.0 million.

the_farsight Business | Finance | Environment | Econmy | Politics | Insight | In-depth Analysis | News | Investigation | Research | Expert Opinion | Anatomy of Complex Issues

Read More Stories

Stock market

NEPSE rises 33.29 points as hydropower stocks drive market rally

The Nepal Stock Exchange (NEPSE) rose 33.29 points, or 1.27%, to close at...

by the_farsight

Environment

Nepal braces for heavy rain and snowfall as Cyclone Arnab hits India

Nepal braces for adverse weather from Thursday night as Cyclone Arnab, which made...

by the_farsight

Society

Dashain road crashes claim 124 lives nationwide, six killed in Monday’s SUV accident in Gulmi

Six people have died and three others have been injured after a Scorpio...

by the_farsight

×