The Nepal Stock Exchange (NEPSE) index surged 0.93 percent, or 24.50 points, on Tuesday, January 28, closing at 2,657.77, following three consecutive days of decline.

The market had seen declines of 0.41 percent last Thursday, 0.39 percent on Sunday and 0.4 percent on Monday. 

Daily turnover, too, surged on the third trading day of the week, surpassing Rs 9.40 billion, compared to over Rs 8.92 billion the previous day.

Over 19.5 million shares were traded through 95,097 transactions.

All major indices ended the day in the green. The Sensitive Index surged by 0.72 percent, while the Float Index and Sensitive Float Index increased by 0.93 percent and 0.77 percent, respectively.

Four companies—Upakar Laghubitta Bittiya Sanstha Limited (ULBSL), Sikles Hydropower Limited (SIKLES), Three Star Hydropower Limited (TSHL), and Janaki Finance Company Limited (JFL)—hit the upper circuit limit, becoming the day’s top gainers.

Nyadi Hydropower Limited (NYADI) and Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) followed closely, with share price increases of 9.99 percent and 9.98 percent, respectively.

In contrast, Dolti Power Company Limited (DOLTI) was the day’s biggest loser, with its share price falling by 8.43%.

In terms of turnover, Saptakoshi Development Bank Ltd (SAPDBL) led the pack, followed by Nepal Reinsurance Company Limited (NRIC) and NRN Infrastructure and Development Limited (NRN).

All 13 NEPSE sub-indices ended the day in the green. The Development Bank Index recorded the highest gain of 4.07 percent, while the Mutual Fund Index posted the smallest rise of 0.12 percent.