KATHMANDU: The Nepal Stock Exchange (NEPSE) index continued its upward trend for the sixth consecutive trading session on Thursday, gaining 4.56 points to close at 2,625.82 points.
The Sensitive Index rose by 1.01 points, while the Float Index and Sensitive Float Index increased by 0.41 points and 0.34 points, respectively.
Along with the rise in the benchmark index, the market also recorded an increase in turnover. Total trading turnover increased by Rs 580 million compared to Wednesday.
A total of 13.62 million shares of 349 listed companies were traded through 38,861 transactions on Thursday. The total turnover reached Rs 4.71 billion, compared to Rs 4.13 billion recorded on Wednesday.
Kumari Bank topped the turnover chart, with shares worth Rs 236.13 million traded during the session. Api Power Company followed with turnover of approximately Rs 230 million, while Ghalemdi Hydro recorded share transactions worth around Rs 185 million.
In terms of price movements, Beni Hydropower Project hit the positive circuit limit. The share prices of Himalayan Everest Insurance and the Laxmi Unnati Fund also rose by approximately 6.5 percent.
Of the 13 sectoral sub-indices, nine closed higher. However, the Banking, Manufacturing and Processing, Others, and Trading sub-indices recorded slight declines.
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