The Nepal Stock Exchange (NEPSE) index rose by 2.95 points on Tuesday, December 17, to close at 2,633.87. This followed a sharp drop of 51.37 points the previous day and a 33.42-point decline last Thursday, December 12.
Before the index gained 45.88 points last Wednesday, it had seen declines for five consecutive trading days. The market was closed on Sunday, December 15, due to a public holiday.
Despite the index’s slight rise, trading activity continued to decline. Daily turnover fell to Rs 4.34 billion, compared to Rs 5.93 billion the previous trading day.
A total of over 8 million shares were traded through 53,957 transactions.
The Sensitive Index saw a 0.08 percent increase, while both the Float Index and Sensitive Float Index rose by 0.10 percent each.
Support Microfinance Bittiya Sanstha Ltd. (SMB) was the top gainer of the day, hitting the upper circuit limit. Janaki Finance Company Limited (JFL) and Dolti Power Company Limited (DOLTI) followed, with their share prices rising by 9.85 percent and 9.09 percent, respectively.
Kutheli Bukhari Small Hydropower Ltd. (KBSH) was the biggest loser, hitting the lowest circuit limit.
Janaki Finance (JFL) led the turnover list, followed by Nepal Finance Ltd. (NFS) and River Falls Power Ltd. (RFPL).
Out of 13 NEPSE sub-indices, five closed in the red. The Development Bank Index saw the largest decline at 0.65 percent, while the Finance Index posted the highest gain, rising by 0.87 percent.