NEPSE Posts Modest Gain as Trading Index Leads Gains; Two Companies hit Upper Circuit

The Nepal Stock Exchange (NEPSE) recorded a minimal gain, gaining 4.00 points (0.15%) to close at 2,595.81. This follows a 17.15 point gain in the previous trading session.

The benchmark index opened at 2,595.12 and fluctuated between an intraday high of 2,603.72 and a low of 2,584.03 before settling at the close. Total turnover for the day amounted to Rs. 4.46 Arba, with 12,719,734 shares traded across 354 companies through 49,809 transactions. The total market capitalization stood at Rs. 44.65 Kharba, with a float market capitalization of Rs. 15.18 Kharba.

Kumari Bank Limited (KBL) topped the turnover chart, recording transactions worth Rs. 25.19 crores. The company’s stock closed at Rs. 236.20.

Dhaulagiri Laghubitta Bittiya Sanstha Limited (DLBS) and Snow Rivers Limited (SNORL) led the gainer's list with a 14.99% gain.

Meanwhile, Ridge Line Energy Limited (RLEL) recorded the Highest fall, falling by 6.29%. The last traded price of the company was Rs. 626.00.

Among sectors, the Trading Index recorded the highest gain, gaining by 1.02%, while Hotels And Tourism Index recorded the least gain, down 0.87%.