After declining for two consecutive trading days, the Nepal Stock Exchange (NEPSE) index on Sunday, November 10, surged by 62.54 points to close at 2738.06 points.
Last Tuesday and Wednesday, the first two trading days after the Tihar holidays, the index had fallen slightly, by 0.21 and 1.88 points, respectively.
Wednesday, November 6, also marked the week’s last trading day as there was a public holiday on Thursday—the usual last trading day of the week— for the Chhath festival.
Along with the index, Sunday's session also saw a considerable rise in daily transaction amount. It exceeded Rs 9.77 billion, compared to Rs 5.22 billion in the previous session.
Over 22 million shares were traded on the day across 100,651 transactions.
The Sensitive, Float, and Sensitive Float indices closed in the green, rising by 2.07 percent, 2.23 percent, and 1.96 percent, respectively.
Three companies–Gurans Laghubitta Bittiya Sanstha Limited (GLBSL), Shrijanshil Laghubitta Bittiya Sanstha Limited (SHLB), and Super Madi Hydropower Limited (SMHL), hit the upper circuit limit to become the top gainers of the day. They were closely followed by Balephi Hydropower Limited (BHL), Narayani Development Bank Limited (NABBC), and Samriddhi Finance Company Limited (SFCL), with each witnessing a 9.99 percent rise in thier share prices.
On the contrary, Sanima Growth Fund (SAGF) became the biggest loser, suffering a decline of 6.76 percent, while Samaj Laghubitta Bittiya Sanstha Limited (SAMAJ) and Mithila Laghubitta Bittiya Sanstha Limited (MLBBL) saw declines of 4.86 percent and 4.16 percent, respectively.
In the turnover front, Sanima GIC Insurance Limited (SGIC) led the pack, followed by Samriddhi Finance Company Limited (SFCL) and Ngadi Group Power Ltd. (NGPL).
All the 13 NEPSE sub-indices closed in the green, with the HydroPower Index witnessing the highest surge of 4.26 percent.
