KATHMANDU, Oct 13: The Nepal Stock Exchange (NEPSE) on Tuesday rose by 4.12 points to close at 2,599.93 points.
The total turnover saw a slight increase, with the transaction amount recording at Rs 4.73 billion from Rs 4.46 billion. Share prices rose for 104 companies and fell for 167, while the prices of seven companies remained unchanged.
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Investors were attracted towards the Life Insurance sector with the group’s index recording the highest gain of 1.77 percent (206.42 points). The banking sector also continued its upward trend, rising by 0.69 percent and reaching a six-month high.
The Development Bank, Investment, and Non-Life Insurance sectors rose by 0.05 percent, 0.13 percent, and 0.53 percent, respectively. Conversely, hotels and tourism declined by the highest of 0.58 percent, followed by others (0.52 percent).
Sagarmatha Jalabidhyut Company saw its share price surge by 12.44 percent. Other notable gainers included Nepal Life Samriddhi Lagani Yojana (4.62 percent) and NIC Asia Growth Fund-2 (4.57 percent).
On the other hand, share prices fell for Snow Rivers (15 percent), Dhaulagiri Laghubitta Bittiya Sanstha (12.87 percent) and NIC Asia Select Fund 30 (5.23 percent). Among the companies with the highest trading volume, Ghalemdi Hydropower, Mountain Energy Nepal and Kumari Bank led the list in order.