Despite a negligible uptick in the Nepal Stock Exchange (NEPSE) Index, daily turnover hit an 11-month high on Sunday, July 20.

The NEPSE Index rose just 0.01 percent, or 0.32 points, to close at 2,870.95 on the first trading day of the week. However, turnover surged to Rs 21.46 billion—the highest since August 18, 2024, when it had reached Rs 28.83 billion. On the previous trading day,  last Thursday, turnover had stood at Rs 16.59 billion.

The market has closed in the green for four consecutive sessions, with the recent rally following the release of the monetary policy for FY 2025/26 on July 11. The new fiscal year began on July 17.

On Sunday, over 51.65 million shares were traded across 178,176 transactions, significantly higher than Thursday’s 38.53 million shares and 141,434 transactions.

However, all key sub-indices ended in the red. The Sensitive Index fell by 0.49%, the Float Index dropped by 0.22%, and the Sensitive Float Index declined by 0.61%—the steepest among them.

Of the 249 listed companies traded, 105 closed higher, while 144 declined.

Top gainers of the day included Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) and Sanvi Energy Limited (SANVI), both hitting the upper circuit limit. Their last traded prices were Rs 2,075.80 and Rs 394.90 per share, respectively.

Samriddhi Finance Company Limited (SFCL) was the day’s biggest loser, falling 8.88% to Rs 504.58 per share.

In terms of turnover, Nepal Reinsurance Company Limited (NRIC) topped the chart with transactions worth Rs 985.55 million, followed by Butwal Power Company Limited (BPCL) at Rs 642.73 million, and Himalayan Reinsurance Limited (HRL) at Rs 566.27 million.

Sector-wise, the Others Index recorded the highest gain, up 3.36%, followed by Life Insurance (1.40%), Non-Life Insurance (1.37%), Hotels and Tourism (1.24%), and Mutual Funds (0.24%). The Finance Index, however, posted the largest drop at 2.26%.

Total market capitalisation rose to Rs 4,787.20 billion from Rs 4,783.37 billion on the previous trading day.