The Nepal Stock Exchange (NEPSE) index rebounded on Thursday, January 22, rising 0.34 percent, or 9.23 points, to close at 2,714.61. The benchmark index had fallen by 0.34 percent the previous day.
The market had started the week on a strong footing. The index gained 1.17 percent on Sunday and surged 1.58 percent on Tuesday. Trading was suspended on Monday due to the public holiday for Sonam Lhosar.
Market sentiment remained positive on Thursday. Of the trade securities, 162 advanced and 88 declined while 10 remained unchanged.
More than 19 million shares were traded through 94,174 transactions, generating a turnover of Rs 9.07 billion, up from the previous day’s turnover of Rs 8.92 billion from 21.64 million shares traded through 89,766 transactions.
SY Panel Nepal Limited (SYPNL), Shreenagar Agritech Industries Limited (SAIL), and Trishuli Jal Vidhyut Company Limited (TVCL) led the gainers after hitting the upper circuit limit.
Kalika Power Company Ltd (KPCL) was the biggest loser of the day. Its share price fell by 6.25 percent.
In terms of turnover, Ankhu Khola Jalvidhyut Company Ltd (AKJCL) topped the chart with transactions worth Rs 408.256 million. It retained its position as the highest-turnover stock from Wednesday. Manjushree Finance Ltd (MFIL) and SY Panel Nepal Limited followed.
Of the 13 sectoral indices, three ended in negative territory. The Banking Index declined by 0.31 percent, the Trading Index by 1.15 percent, and the Mutual Fund Index by 0.07 percent. All other sectoral indices posted gains, with the Finance Index recording the highest rise of 2.38 percent.
Total market capitalisation rose to Rs 4,557.899 billion, up from Rs 4,542.39 billion in the previous day.
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