NEPSE Index Witnesses Modest Decline To Close at 2,079.71 Levels; BGWT Hits Positive Circuit

The Nepal Stock Exchange (NEPSE) Index registered a decrease of 0.26% today, lessening 5.58 points to close at 2,079.71 levels. This follows a previous session gain of 6.22 points.

The trading session began with the index at 2,087.74 points, fluctuating to an intraday high of 2,091.88 points and reaching a low of 2,072.31 points before settling at 2,079.71 points by the close.

Today's trading involved 306 stocks across 49,733 transactions, with a trading volume of 8,042,767 shares. The total turnover amounted to Rs. 3.99 Arba, and the market capitalization stood at Rs. 32.97 Kharba, while the float market capitalization was Rs. 11.19 Kharba.

NRN Infrastructure and Development Limited (NRN) led the market in turnover, achieving Rs. 19.03 crores and closing at Rs. 605.

Meanwhile, Bhagawati Hydropower Development Company Limited (BGWT) recorded the highest gain, surging 10% and hitting the positive circuit.

On the downside, Upper Lohore Khola Hydropower Company Limited (ULHC) experienced a notable decline, dropping 5.51% to close at Rs. 377.

In sector performance, four sector indices ended in the green. The "Mutual Fund Index" saw the highest sectoral gain of 4.92%, whereas the "Trading Index" recorded the largest loss of 1.03%.