KATHMANDU, July 31: Nepal’s stock market rebounded on Friday after four consecutive sessions of decline, with the NEPSE index rising 12.96 points to close at 2,685.54.
The rally was led by gains in all sectoral indices except non-life insurance and trading. The commercial banking sub-index recorded the highest increase, climbing 0.72 percent.
Nepse ends losing streak, up by 5 points on Wednesday
Share prices of 180 listed companies advanced, while 82 declined. Everest Color hit the positive circuit limit, extending its post-listing rally to Rs. 1,309 per share. On the losing side, Bottlers Nepal (Terai) fell the most, dropping 5.33 percent.
Trading turnover also increased from the previous session. Total transactions reached Rs. 3.75 billion, up from Rs. 3.38 billion on Thursday.
By transaction value, Ridi Power recorded the highest turnover at Rs. 172.6 million, followed by Global IME Bank at Rs. 153.2 million and Central Finance at Rs. 144.3 million.
