The Nepal Stock Exchange (NEPSE) index surged by 5.10 points on Wednesday, January 1, closing at 2,581.60. This followed a drop of 33.08 points on Tuesday, December 31, the previous trading day.
The week began with the index dropping by 13.53 points on Sunday, December 29. The market remained closed on Monday due to the public holiday for Tamu Lhosar.
However, daily turnover declined on the first trading day of the year, reaching Rs 3.59 billion, compared to Rs 5.67 billion on the last trading day of 2024. A total of over 9 million shares were traded through 43,729 transactions on Wednesday.
While the Sensitive Index and Sensitive Float Index both declined by 0.13 percent and 0.12 percent, respectively, the Float Index surged by 0.09 percent.
Trishuli Jal Vidhyut Company Limited (TVCL) hit the upper circuit limit, becoming the biggest gainer of the day. Aatmanirbhar Laghubitta Bittiya Sanstha Limited (ANLB) and Super Madi Hydropower Limited (SMHL) followed, with their share prices increasing by 9.93 percent and 9.83 percent, respectively.
On the other hand, Support Microfinance Bittiya Sanstha Ltd. (SMB) became the top loser, hitting the lower circuit limit.
NRN Infrastructure and Development Limited (NRN) led in turnover, followed by Janaki Finance Company Limited (JFL) and Trishuli Jal Vidhyut Company Limited (TVCL).
Out of 13 NEPSE sub-indices, five closed in the red. While the Finance Index gained the highest at 3.87 percent, the Banking Sub-Index experienced the sharpest decline, falling by 0.72 percent.
