The Nepal Stock Exchange (NEPSE) index continued its upward trend on Wednesday, February 25, gaining 0.39% to close at 2,648.90. This follows a more substantial rise of 0.82% in the previous session, which brought the index to 2,638.60.
Wednesday's trading session, as depicted on a candlestick chart, resulted in a green candle with a small body and an upper wick. This pattern typically signals slow but steady upward momentum in the market.
Trading activity picked up slightly, with Rs 4.45 billion worth of shares traded. This marks an increase from Monday's turnover of Rs 4.23 billion, spread across 10,456,980 shares and 48,640 transactions.
Key market indices all posted gains. The Float Index rose by 0.47%, the Sensitive Index by 0.26%, and the Sensitive Float Index by 0.28%.
Market breadth was positive, with advancing stocks outnumbering decliners. A total of 157 companies saw their share prices increase, while 90 recorded declines, and 13 remained unchanged.
Among individual companies, Salapa Bikas Bank Limited (SABBL) and Reliance Spinning Mills Limited (RSML) posted the highest gains, each climbing 10%.
Himalayan Power Partner Ltd. (HPPL) recorded the steepest decline, with its share price falling 5.98%.
In terms of trading value, Aankhu Khola Jalvidhyut Company Limited (AKJCL) topped the list, with shares worth over Rs 286.91 million exchanged. Ngadi Group Power Ltd. (NGPL) and SY Panel Nepal Limited (SYPNL) followed closely.
Out of 13 sectoral indices, 10 registered gains, and three declined. The Life Insurance sector led the gainers’ segment with a 1.79% increase, while the trading index faced the largest drop of 0.94%.
The market’s total capitalization rose to Rs 4,455.91 billion from Rs 4,438.58 billion in the previous session.
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