The Nepal Stock Exchange (NEPSE) index surged 0.43% (11.91 points) to close at 2,739.82 on Tuesday, February 18, marking a third straight day of gains. It had increased by 0.73% on Sunday and 1.1% on Monday.
This follows a 0.79% drop the last week, where the index declined on three out of five trading days.
Trading volume, too, surged on the week’s third trading day, with daily turnover surpassing Rs 10.43 billion, compared to over Rs 10.09 billion in the previous session.
More than 18 million shares changed hands across 99,585 transactions on the day.
Among the three major indices, the Sensitive Float Index ended the day in the red, falling 0.05%, while the Sensitive Index and Float Index saw gains of 0.03% and 0.22%, respectively.
Three companies—Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB), Gurans Laghubitta Bittiya Sanstha Limited (GLBSL), and Emerging Nepal Limited (ENL)—hit the upper circuit limit. Guardian Micro Life Insurance Limited (GMLI) and Peoples Hydropower Company Limited (PHCL) closely followed, with their share prices rising by 9.99% and 9.65%, respectively.
On the contrary, two companies—Saptakoshi Development Bank Ltd (SAPDBL) and 10.25% KBL Debenture 2086 (KBLD86)—became the biggest losers of the day, hitting the lower circuit limit.
Himalayan Reinsurance Limited (HRL) recorded the highest turnover, followed by Nepal Reinsurance Company Limited (NRIC) and Peoples Hydropower Company Limited (PHCL).
Of the 13 NEPSE sub-indices, six closed in the red. The Others Index experienced the largest gain, 3.68%, while the Development Bank Index suffered the largest loss of 1.74%.