Following three consecutive days of decline, the Nepal Stock Exchange (NEPSE) index surged by 28.91 points on Monday, December 23, to close at 2,612.20.
The market, however, has remained largely in the red over the last 13 trading sessions, with the index closing higher only on three occasions.
Trading activity also continued to shrink, with the daily turnover on Monday reaching just over Rs 4.43 billion, compared to around Rs 4.51 billion the previous day.
Over 8 million shares were traded through 55,938 transactions on Monday.
The Sensitive, Float, and Sensitive Float indices all ended in the green, showing increases of 0.78 percent, 1.11 percent, and 0.80 percent, respectively.
Two companies – Support Microfinance Bittiya Sanstha Ltd. (SMB) and Super Madi Hydropower Limited (SMHL)– emerged as the day's top performers, hitting the upper circuit limits.
Other notable gainers included Barahi Hydropower Public Limited (BHPL), Balephi Hydropower Limited (BHL), and Nepal Hydro Developers Ltd. (NHDL), whose share prices rose by 9.99 percent, 9.93 percent, and 9.86 percent, respectively.
On the other hand, Manushi Laghubitta Bittiya Sanstha Limited (MLBS) lost the most, with its share price hitting the lower circuit limit.
Janaki Finance Company Limited (JFL) led in turnover, followed by Joshi Hydropower Development Company Ltd (JOSHI) and Molung Hydropower Company Limited (MHCL)
Of NEPSE's 13 sub-indices, only the Mutual Fund Index closed in the red, posting a drop of 4.21 percent. The HydroPower Index saw the largest gain of 2.65 percent.
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