The Nepal Stock Exchange (NEPSE) index, jumped 75.24 points, to close at 2,890.28 on Sunday, March 2, marking its ninth consecutive day of gains.
The 2.67% surge follows a 1.77% rise in the previous trading session, pushing the index to its highest level in over six months. The last time the index surpassed this level was on August 25, 2024, when it stood at 2,894.57 points.
The daily turnover too exceeded Rs 14.25 billion on the first trading day of the week, up from over Rs 11.39 billion last Thursday. This, too, marks the highest turnover in over six months, since August 27, 2024, when it exceeded Rs 18.46 billion.
More than 29 million shares were traded across 139,596 transactions on Sunday.
All three major indices ended in the green: the Sensitive Index rose by 3.08%, the Float Index gained 2.87%, and the Sensitive Float Index increased by 3.04%.
Shares of Himalayan Distillery Ltd (HDL), Guardian Micro Life Insurance Ltd (GMLI), and Nepal Life Insurance Co Ltd (NLIC) hit the upper circuit limits, while Sindhu Bikash Bank Ltd (SINDU) and Dordi Khola Jal Bidyut Co Ltd (DORDI) followed closely, each gaining 9.99%.
On the losing end, Samaj Laghubittya Bittiya Sanstha Ltd (SAMAJ) performed the worst by sliding 7.17%.
Nepal Reinsurance Co Ltd (NRIC) led in turnover, followed by Himalayan Reinsurance Ltd (HRL) and Sindhu Bikash Bank Ltd (SINDU).
Of the 13 sectoral indices, only the Mutual Fund index ended in the red, falling 1.27%. The Manufacturing and Processing index recorded the highest gains of 4.79%.
