After 8 Days Continuous Fall, NEPSE Bounce Back with 60.22 Points To Settle at 2,080.44 Levels; Turnover Stood Rs 1.64 Arba

After 8 days of continuous fall market revert, the NEPSE index closed at 2,080.44 today after gaining 60.22 points from the last trading day's closing. This is a gain of 2.98%. The index had lost 45.59 points yesterday. The index opened at 2,019.54 and made an intraday high of 2,096.18. It then made an intraday low at 2,017.25 and finally closed at 2,080.44 levels.

In comparison to yesterday, the market has rotated, inclining 60.22 points. The market is up today as on the occasion of 30th anniversary of the Securities Exchange Board of Nepal (SEBON), The Finance Minister, Janardan Sharma, told the committee that the decision to make Nepal's stock market a reflection of the economy should be moved ahead and that the ministry was ready to help.

Coming towards today’s market summary, 231 scrips traded hands via 30,684 transactions. Furthermore, a total of 5,005,814 shares exchanged hands amounting to Rs. 1.640 Arba in the turnover amount. This is higher than last trading day's turnover of Rs. 1.312 Arba.

Arun Valley Hydropower Development Co. Ltd. (AHPC) had the highest turnover of Rs. 5.12 crores closing at a market price of Rs. 406. The shares of Kumari Bank Limited (KBL) traded the most.

Upakar Laghubitta Bittiya Sanstha Limited (ULBSL) and Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) gained the highest 10% each and hit the positive circuit for the day.

On the other side of things, Mountain Hydro Nepal Limited (MHNL) lost the highest 4.11% today.

All sector indices closed green, "Finance." gained the highest 5.03% while "Mutual Fund" gained the least 1.17%.