Kathmandu, October 29
The Nepal Stock Exchange (NEPSE) index rose 31.54 points on Thursday to close at 2,695, its highest level since July 28.
Market turnover also increased to Rs 8.55 billion, up from Rs 7.45 billion on Wednesday. The turnover was the highest since April 16, when shares worth Rs 9.31 billion were traded.
Share prices of 181 companies rose, while 91 declined and six remained unchanged.
All sectoral indices posted gains. The banking index rose 2.28 per cent, development banks 1.55 per cent, finance 1.69 per cent, hotels and tourism 2.05 per cent, hydropower 0.36 per cent, investment 0.24 per cent, life insurance 0.68 per cent, manufacturing and processing 0.51 per cent, microfinance 0.54 per cent, non-life insurance 0.13 per cent, others 2.45 per cent and trading 0.03 per cent.
Recently listed Beni Hydropower recorded the highest gain, rising 15 per cent. Sopan Pharmaceuticals gained 8.72 per cent, Nepal Reinsurance 5.61 per cent, Nepal Finance 5.49 per cent, NIC Asia Bank 4.69 per cent, and Kalinchowk Hydropower 4.41 per cent.
NRN Infrastructure fell 3.65 per cent, Chirakhwa Hydropower 3.14 per cent, and Rastriya Beema Company 2.72 per cent.
Ghalemdi Hydropower recorded the highest turnover, followed by Siddhartha Bank, Laxmi Sunrise Bank, Kumari Bank, Green Ventures and Solu Hydropower.
