KATHMANDU, Oct 9: Nepal’s stock market closed the trading week on a positive note on Friday, with the Nepal Stock Exchange (NEPSE) index rising 17.15 points to 2,591.80 ahead of Dashain.
The Sensitive Index gained 3.80 points, the Float Index rose 1.42 points and the Sensitive Float Index increased 1.50 points.
Nepse up for a fifth consecutive week
Market turnover also increased by around Rs 900 million compared with Thursday. Shares worth Rs 4.84 billion were traded on Friday, up from Rs 3.93 billion the previous day.
A total of 12.91 million shares of 353 companies changed hands in 52,044 transactions.
Kutheli Bukhari Small Hydropower recorded the highest share-price gain, rising 4.91 percent. Sindhu Bikas Bank and Solu Hydropower each gained around 4 percent, while Ridge Line Energy suffered the biggest decline, falling 7.85 percent.
Kumari Bank led turnover with shares worth Rs 211.1 million traded. Ghalemdi Hydro followed with Rs 200 million, while Himalayan Distillery recorded turnover of Rs 190 million.
All 13 sectoral indices closed higher. The banking sector posted the largest gain, rising 1.28 percent, while the hotels and tourism sector advanced by nearly 1 percent.
