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NEPSE rises by 33 points as turnover crosses Rs 7 billion

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KATHMANDU: The stock market saw a significant gain on Wednesday, with the Nepal Stock Exchange (NEPSE) index rising by 33.29 points to close at 2664.06. The market climbed by 1.26 percent, with total daily turnover exceeding Rs 7.45 billion.

A total of 19.3 million shares were traded throughout the day. Market breadth remained positive, with the share prices of 241 companies increasing, while 35 declined and three remained unchanged.

In terms of transaction volume, Liberty Energy Company led the market with Rs 320 million in trades, followed by Ghaleemdi Hydro at Rs 280 million, Butwal Power Company at Rs 260 million, and Api Power at Rs 190 million.

Beni Hydropower Project hit a positive circuit during the session. Butwal Power Company saw its share price rise by 10.60 percent, while other stocks gained up to 6.26 percent. Conversely, the stocks that declined did not drop by more than 2.96 percent.

According to the Nepal Stock Exchange, the trading index was the only sector to record a decline, while all other groups ended the day in the green.