The Nepal Stock Exchange (NEPSE) index surged 0.99% or 26.10 points Monday, March 24, to close at 2,640.78, following a six-day decline.  

The market had experienced a brief respite on March 12, when a 0.63% gain ended a seven-day slide that had seen the index plummet by 171.06 points. Prior to that, the market had rallied for nine consecutive days, adding 211.78 points to the index.

Despite the rise in the index, trading activity dipped on Monday, with turnover exceeding Rs 4.48 billion, down from the over Rs 6.32 billion recorded on the week's first trading day.

In total, over 9.5 million shares were traded across 58,235 transactions.

The major indices also ended on a positive note. The Sensitive Index rose by 0.93%, the Float Index surged by 1.01%, and the Sensitive Float Index increased by 0.87%.

Among individual stocks, Guardian Micro Life Insurance Limited (GMLI) led the gainers with a 9.51% increase in share price, while Upper Hewakhola Hydropower Company Limited (UHEWA) saw the largest decline, with a 4.26% drop.

In turnover terms, Himalayan Reinsurance Limited (HRL) led the pack, followed by CEDB Holdings Limited (CHDC) and Nepal Reinsurance Company Limited (NRIC).

All 13 sectoral indices ended the day in positive territory, with the Finance Index posting the highest gain of 3.52%.