KATHMANDU: The Nepal Stock Exchange (NEPSE) rose by 2.40 points on Sunday, closing at 2,706.36, marking its sixth consecutive day of gains. Despite the uptick, market sentiment was mixed, with 87 stocks gaining and 162 declining.
Total turnover stood at Rs 9.5 billion, slightly down from the previous session’s Rs 9.64 billion, with 27.1 million shares traded.
Nepal Finance led the gainers, surging 10 percent, followed by Guardian Micro Life Insurance (7.36%), Rapti Hydro (5.70%), Upper Hewakhola Hydropower (5.18%), and Janaki Finance (4.91%). These gains boosted the Finance and Other sectors by 2.49% and 3.06%, respectively, aided by strong performances from Nepal Reinsurance and Himalayan Reinsurance.
Major losers included Goodwill Finance Limited Debenture (-8.87%), Green Development Bank (-8.58%), and Sindhu Development Bank (-5.81%). Sectoral indices for Development Banks, Hydropower, and Insurance declined.
Nepal Reinsurance topped trading with Rs 490 million in turnover, followed by Laxmi Sunrise Bank (Rs 370 million), Himalayan Reinsurance (Rs 340 million), Guardian Micro Life (Rs 320 million), and NRN Infrastructure (Rs 280 million).