The Nepal Stock Exchange (NEPSE) index surged 1.58%, or 41.67 points, to close at 2,663.54 on Thursday, March 27, maintaining its upward momentum from the previous session. 

The index had climbed 39.13 Wednesday, following a sharp decline of 58.05 points on Tuesday, which caused the market to drop below 2,600-point mark for the first time in over two months.

Despite three  green sessions this week, the index suffered a total loss of 6.01 points as declines on two trading days outweighed gains.

Along with the positive movement in the index on the week’s last trading day, trading activity, too, improved. The total turnover exceeded Rs 5.22  billion, up from over Rs 4.20 billion the previous day.

Over 9.5 million shares were traded in 55,442 transactions.

All major indices ended in the green. The Sensitive Index surged by 1.35%, the Float Index gained by 1.43%, and the Sensitive Float Index increased by 1.39%.

Among individual stocks, Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) and Shrijanshil Laghubitta Bittiya Sanstha Limited (SHLB) hit the upper circuit limit, leading the gainers. On the other extreme was the Kumari Sabal Yojana (KSY), which declined 1.82%.

Himalayan Reinsurance Limited (HRL) recorded the highest turnover, followed by Nepal Reinsurance Company Limited (NRIC) and NRN Infrastructure and Development Limited (NRN).

All 13 sectoral indices closed in the green, with the Trading Index posting the highest gain of 6.09%.