NEPSE Surges Past 2,600 Points as Trading Volume Hits Rs 7.51 Billion

Nepal’s stock market posted strong gains on Thursday, with the NEPSE index crossing the 2,600-point threshold for the first time in recent weeks. The benchmark index closed at 2,600.38, rising by 34.22 points from the previous day.

Trading activity also saw a sharp rise, with total turnover jumping to Rs 7.51 billion, up from Rs 5.45 billion on Wednesday. The surge was largely fueled by heavy trading of Himalayan Bank’s promoter shares, which alone contributed Rs 1.66 billion.

Out of all listed companies, 216 recorded price gains, 28 declined, and 5 remained unchanged. The hydropower sector led the rally, gaining 2.67 percent, while life insurance, non-life insurance, and manufacturing sectors also saw notable increases.

Most other sectors, including banking, development banks, finance, hotels, investment, and trading  ended the day in positive territory, reflecting a broadly upbeat market sentiment.