Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The Nepal Stock Exchange (NEPSE) witnessed a strong bullish momentum on Monday, with the benchmark NEPSE Index surging by 80.97 points to close at 2,974.50, marking a solid 2.79% gain. The significant uptrend came amid rising investor confidence and heavy buying across major sectors.
The day’s total turnover reached an impressive Rs 20.08 billion, with 43.58 million shares changing hands through 177,101 transactions, reflecting broad-based investor participation. Out of the 319 traded scrips, 236 advanced, while only 14 declined and none remained unchanged.
Major Indices Reflect Widespread Gains All key indices ended in the green, underscoring a market-wide rally:
Sensitive Index rose by 14.58 points (2.90%) to 517.08
Float Index climbed 5.59 points (2.80%) to 205.08
Sensitive Float Index went up by 4.69 points (2.72%) to close at 176.76
Sectoral Performance: Life Insurance and Manufacturing Lead Among the sectoral indices, Life Insurance emerged as the top-performing sub-index, rising by a substantial 606.65 points (4.36%), followed closely by Manufacturing and Processing, which gained 348.66 points (4.63%).
Other notable sectoral gains included:
Microfinance: +221.54 pts (4.07%)
Hotels and Tourism: +249.73 pts (3.44%)
Investment: +3.80 pts (3.24%)
Development Bank: +138.82 pts (2.26%)
Non-Life Insurance: +342.40 pts (2.56%)
Banking: +32.25 pts (2.10%)
Hydropower: +71.50 pts (1.90%)
Finance: +50.37 pts (1.94%)
Trading: +42.92 pts (1.01%)
Mutual Fund posted the smallest gain of 0.11 pts (0.56%)
Top Gainers and Turnovers Top Gainers for the day included:
TTL: Up by 48.70 points (10.00%)
SHIVM: Up by 56.86 points (9.99%)
SANVI: Up by 43.40 points (9.99%)
USLB: Up by 44.02 points (9.98%)
BHDC: Up by 55.42 points (9.76%)
Top Turnover companies were:
NRIC: Rs 718.89 million
SHIVM: Rs 688.13 million
HRL: Rs 560.12 million
BPCL: Rs 468.47 million
NGPL: Rs 463.54 million
Market Sentiment Turns Bullish Today’s rally marks one of the strongest single-day gains in recent months and signals renewed investor optimism amid positive market momentum. With turnover exceeding Rs 20 billion and gains across all indices, analysts expect the bullish sentiment to potentially extend into the coming sessions if liquidity and confidence remain intact.
Your email address will not be published. Required fields are marked *
Comment *
Name *
Email *
Website
Save my name, email, and website in this browser for the next time I comment.
