NEPSE surges by 62 points; All sectors in the green – The Himalayan Times – Nepal’s No.1 English Daily Newspaper

KATHMANDU, OCTOBER 28

The Nepal Stock Exchange (NEPSE), the country’s sole secondary market, witnessed a strong rebound on Tuesday, gaining 62.29 points, or 2.48 percent, to close at 2,571.34 points by the end of the trading session.

Along with the benchmark index, the Sensitive Index, which measures the performance of class ‘A’ companies, rose by 2.74 percent, while the Float Index, representing actively traded shares, climbed by 2.83 percent.

All sectoral indices closed in positive territory, reflecting broad-based buying across the market. The development bank sector led the rally with a 4.47 percent gain, followed by hydropower (3.90%), life insurance (3.55%), investment (3.19%), finance (3.14%), hotels and tourism (2.80%), microfinance (2.59%), and non-life insurance (2.54%).

The day’s total turnover surged to Rs 4.57 billion, significantly higher than Sunday’s Rs 2.79 billion, with 9,243,723 units of shares traded across 47,094 transactions from 314 listed companies.

Market breadth was overwhelmingly positive, with 236 stocks advancing, 12 declining, and two remaining unchanged. Nyadi Hydropower Limited (NYADI) hit the upper circuit limit of 10 percent, emerging as one of the top gainers of the day.

By the close of trading, NEPSE’s total market capitalization reached Rs 4.298 trillion.