NEPSE rebounds 83 points after sharp decline
Summary
The Nepal Stock Exchange (NEPSE) rebounded by 83.33 points to close at 2,760.02 points after a previous sharp fall, with gains led by the hydropower sector and overall positive performance across major sectors despite lower turnover.
Key Points
- The Nepal Stock Exchange (NEPSE) gained 83.33 points or 3.11 percent to close at 2,760.02 points after a sharp decline the previous day.
- The sensitive index rose by 3.12% and the float index by 3.28%, with all sectoral indices ending in the green.
- Hydropower led sectoral gains with a 4.59% increase, followed by finance, development banks, investment, hotels and tourism, and banking sectors.
- Total market capitalization reached Rs 4.692 trillion, while daily turnover declined to Rs 10.92 billion from Rs 12.38 billion the prior day.
