The NEPSE index rose on Sunday, the first trading day of the week, by 11.58 points, or 0.44 percent, to close at 2,588.35 points after declining for three successive days last week.
The market was closed last Thursday, the last trading day of the week, for Constitution Day.
Despite the marginal increase in index, Sunday’s trading session saw a turnover of Rs 5.09 billion, a decrease from Rs 5.67 billion in the previous session on Wednesday.
This turnover represents the lowest trading amount in nearly two and a half months, since July 10.
With the market already dropping significantly, ‘panic sales’ have gone down, analysts hope. Beside it, buyers are no longer rushing to purchase shares as Dashain nears, causing the turnover to decline, they say.
More than 12 million shares, involving 325 different stocks, were exchanged through 72,957 transactions on the day.
The Sensitive Index increased by 0.76 percent, the Float Index by 0.52 percent, and the Sensitive Float Index by 0.56 percent.
Of the traded stocks, 138 gained prices, 95 saw a decline, while prices of 11 companies remained unchanged.
Eastern Hydropower Limited (EHPL), Aatmanirbhar Laghubitta Bittiya Sanstha Limited (ANLB), and Upper Syange Hydropower Limited (USHL) were the top performers, each hitting the upper circuit limit.
Conversely, Rawa Energy Development Limited (RAWA) was the worst performer, with its share price falling by 8.65%.
In terms of turnover, CEDB Hydropower Development Company Limited (CHDC) topped the list, followed by NLG Insurance Company Ltd. (NLG).
Sector-wise, the Banking Sub-Index led with a 1.01 percent gain, while the Hotels and Tourism Index saw a 0.61 percent decline.