Nepal’s stock market on Monday, June 23, edged up 0.18 percent to close at 2,600.76 points, ending a four-day dip.

Despite the rebound, overall market activity remained subdued. Daily turnover remained just above Rs 6.47 billion, down from Rs 9.14 billion the previous day. Last Monday’s turnover–exceeding Rs 13.18 billion–was the highest in over three months.

Over 17.5 million shares were traded across 70,831 transactions on Monday, down from 21.5 million shares and 87,302 transactions the previous day.

Of the 248 listed stocks traded Monday, 123 advanced, 124 declined and 1 remaining unchanged.

The Sensitive Index rose 0.21%, Float Index 0.08%, and Sensitive Float Index 0.19%.

Joshi Hydropower Development Company Ltd (JOSHI) led the gainers, surging 9.98%. Panchakanya Mai Hydropower Ltd (PMHPL) followed with a 9.42% jump.

Meanwhile, Gurans Laghubitta Bittiya Sanstha Ltd (GLBSL) was the day’s top loser, hitting the lower circuit.

Radhi Bidyut Company Ltd (RADHI) posted the highest turnover, which exceeded Rs 521.85 million, followed by Butwal Power Company Ltd (BPCL) (over Rs 421.76 million) and Ngadi Group Power Ltd (NGPL) ( Rs 336.07 million).

Sectoral performance was mixed. 

Six sub-indices ended in negative territory, with the Manufacturing and Processing Index registering the steepest decline at 0.61%. Conversely, the Trading Index surged 2.20%--the highest.
Total market capitalization surged to Rs 4,333.24 billion from Rs 4,325.27 billion on Sunday.