Kathmandu, October 22
After two consecutive days of decline, the stock market rebounded on Tuesday, with the NEPSE index rising by 25.88 points, closing at 2,665. All sectoral indices, along with NEPSE, saw gains. Despite the rise in market points, trading volume decreased.
The total trading volume dropped to Rs 4.17 billion, down from Rs 5.90 billion on the previous day. While 199 companies saw their stock prices increase, 40 experienced a decline, and 5 remained unchanged.
The finance sector index saw the highest growth, rising by 3.03%. Other sectors also recorded gains, including banking (0.68%), development banks (1.25%), hotels and tourism (0.44%), hydropower (1.42%), investment (0.92%), life insurance (0.49%), manufacturing (2.14%), microfinance (0.66%), non-life insurance (0.61%), others (1.02%), and trading (0.90%).
Rawa Energy saw the highest price increase at 8.86%, followed by Manakamana Engineering (7.82%), Three Star Hydropower (6.36%), Mahuli Microfinance (6.10%), and Mailung Khola Hydropower (6.09%).
In terms of trading volume, Goodwill Finance, Kumari Bank, Himalayan Reinsurance, People’s Hydropower, and SBI Bank were the top performers.
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from OnlineKhabar English News