The Nepal Stock Exchange (NEPSE) index surged by 2.62 percent, or 69.80 points, on Sunday, February 2, closing at 2,727.58, a level last seen around two months ago.
The daily turnover also saw a boost, surpassing Rs 12.95 billion on the first trading day of the week, a notable increase compared to over Rs 9.40 billion last Tuesday, the previous trading day. The market remained closed last Wednesday and Thursday due to public holidays.
A total of 24,848,079 shares were exchanged through 95,097 transactions on Sunday. All major indices ended the day in the green. The Sensitive Index rose by 3.06 percent, while the Float Index and Sensitive Float Index gained 2.75 percent and 3.08 percent, respectively.
Seven companies—Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB), Global IME Laghubitta Bittiya Sanstha Ltd. (GILB), Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN), Vijaya laghubitta Bittiya Sanstha Ltd. (VLBS), Bhugol Energy Development Company Limited (BEDC), Grameen Bikas Laghubitta Bittiya Sanstha Ltd. (GBLBS) and NMB Microfinance Bittiya Sanstha Ltd. (NMBMF)—hit the upper circuit limit, becoming the day’s top gainers.
Samata Gharelu Laghubitta Bittiya Sanstha Limited (SMATA) and Nyadi Hydropower Limited (NYADI) closely followed, with each seeing their share prices rise by 9.99 percent.
On the other hand, Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) became the biggest loser of the day, by hitting the lower circuit limit.
In terms of turnover, NRN Infrastructure and Development Limited (NRN) led, followed by Saptakoshi Development Bank Ltd (SAPDBL) and Sindhu Bikash Bank Ltd (SINDU).
All 13 NEPSE sub-indices ended the day in the green. The Microfinance Index recorded the highest gain of 4.92 percent, while the Mutual Fund Index posted the smallest rise of 0.17 percent.
