NEPSE soars 62.54 points

Kathmandu- Registering a total turnover of about one million rupees, the Nepal Stock Exchange (NEPSE) index today soared significantly to sit at 2738.06. The rise was by 62.54 points.

A total of 22 million 474 thousand 281 shares were traded in the domestic market in the first day of the week to make a total turnover of Rs 9 billion 771 million 124 thousand 73.55. The number of total scrips traded was 324 and the total transaction was 100,651. The sub-index of hydroelectricity increased the highest by 4.26 percent and the rise in the banking sector was 1.62 percent.

The development banks posted a 2.71 percent rise, finances 2.48, hotel and tourism 0.96 percent, and the investment group 2.56 percent. Among the top gainers, Gurans Laghubitta Bittiya Sanstha Limited (GLSBL), Srijansheel Lagubittta Bittiya Sanstha Limited (SHLB), and Supermadi Hydropower Limited (SMHL) witnessed a positive circuit. However, the securities of 13 companies including the Sanima Growth Fund (SAGF) declined today.

Sanima GIC Insurance Limited (SGIC) recorded the highest turnover of Rs 380,437,831.20, while Hydroelectricity Investment and Development Company Limited (HIDCL) had the highest number of traded shares, with 1,047,035 shares exchanged in the market today.