NEPSE Roars Back After Two-Day Slump, Reclaims 2,800 Mark with a 127.32-Point Surge; Market Cap at Rs. 44.83 Kharba
Mon, Sep 2, 2024 3:20 PM on Stock Market, Latest,
The Nepal Stock Exchange (NEPSE) Index experienced a strong recovery today, gaining 127.32 points or 4.72% to close at 2,823.25 points. This rebound comes after two consecutive sessions of decline, including a loss of 53.63 points in the previous session, where the index ended at 2,695.93 points.
The trading day began with the index at 2,698 points, showing significant volatility throughout the session. The index reached an intraday high of 2,823.70 points and a low of 2,678.91 points before closing at the final level.
Active trading was observed, with 335 stocks changing hands through 160,579 transactions. A total of 31,430,048 shares were traded, generating a turnover of Rs. 13.10 Arba. The market capitalization rose to Rs. 44.83 Kharba, while the float market capitalization stood at Rs. 15.81 Kharba.
Goodwill Finance Limited (GFCL) led the market in turnover, recording Rs. 46.52 Crore and closing at Rs. 1,330 per share.
Nine companies hit the upper circuit limit of 10%.
Meanwhile, Laxmi Unnati Kosh (LUK) posted the largest decline, falling by 4.71%.
All sector indices closed in the green, with the Mutual Index gaining the least 0.84%. The Finance Index sector posted the highest gain at 7.94%.