The Nepal Stock Exchange (NEPSE) index witnessed fluctuations throughout Monday’s trading session but ultimately closed higher by 5.01 points at 2,936.
The market, which had dropped to 2,911 points at around 2:34 PM, recovered in the final hours of trading to end on a positive note.
However, the total turnover declined significantly, with transactions amounting to NPR 15.78 billion, compared to NPR 23.59 billion recorded in the previous session.
In terms of market performance, shares of 102 companies advanced, while 154 declined and 8 remained unchanged.
Among sectoral indices, the manufacturing and processing group posted the highest gain of 1.53%. Other gaining sectors included finance (0.20%), hydropower (0.96%), investment (0.72%), and microfinance (0.43%).
On the losing side, the banking sector dropped by 0.27%, development banks by 0.50%, hotels and tourism by 0.86%, life insurance by 0.48%, non-life insurance by 0.04%, and trading by 0.59%.
Six companies recorded a 10% rise in share prices, including Reliance Spinning Mills, Salpa Development Bank, Solu Hydropower, Bhujung Hydropower, Mankamana Engineering Hydropower, and Hotel Forest.
Similarly, First Microfinance increased by 8.96%, Asha Laghubitta by 8.82%, and Mero Microfinance by 8.18%.
Meanwhile, Sindhu Development Bank saw a decline of 3.23% in its share price.
The most actively traded companies of the day included Kumari Bank, Shivam Cements, National Hydropower, NRN Infrastructure, and Ngadi Group.
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