The Nepal Stock Exchange (NEPSE) index continued to surge on Monday, November 11, the week’s second trading day. It rose 22.14 points, to close at 2,760.21 points.

Along with the index, the daily turnover also surged, exceeding Rs 11.3 billion, compared to over Rs 9.77 billion in the previous session.

Last Tuesday and Wednesday, the first two trading days after the Tihar holidays, the index had fallen slightly, by 0.21 and 1.88 points, respectively.
 
Over 24 million shares were traded across 113,964 transactions on Monday.

The Sensitive, Float, and Sensitive Float indices closed in the green, rising by 0.74 percent, 0.84 percent, and 0.82 percent, respectively.

Five companies—Support Microfinance Bittiya Sanstha Ltd. (SMB), Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL), Gurans Laghubitta Bittiya Sanstha Limited (GLBSL), Manushi Laghubitta Bittiya Sanstha Limited (MLBS) and Shrijanshil Laghubitta Bittiya Sanstha Limited (SHLB)—hit the upper circuit limit to become the top gainers.

They were closely followed by Machhapuchhre Bank Limited (MBL) and Narayani Development Bank Limited (NABBC), with each witnessing a 9.99 percent increase in their share prices. 

On the contrary, Eastern Hydropower Limited (EHPL) was the biggest loser of the day, hitting the lower circuit limit. Samriddhi Finance Company Limited (SFCL) also saw a significant drop of 9.71 percent.

In the turnover front, Sahas Urja Limited (SAHAS) led the pack, followed by Himalayan Reinsurance Limited (HRL) and Arun Valley Hydropower Development Co. Ltd. (AHPC).

Of the 13 NEPSE sub-indices, eight ended in the green. The Microfinance Index saw the highest increase of 3.20 percent, while the Finance Index recorded the largest decline of 0.30 percent.