Himal Press 
KATHMANDU: The Nepal Stock Exchange (Nepse) index extended its gains for a fifth consecutive session on Wednesday, climbing 21.32 points to close at 2,621.26.
This is the Nepse index’s highest closing level since September 24.
Although the index dipped during early trading and hit the intraday low of 2,592.33 points, it recovered and closed above the psychological support level of 2,600 points for the first time since September 27.
The Nepse index had closed at 2,629.81 points on September 24.
The latest gain also marked the market’s longest winning streak since August 14, when the index began a six-session rally.
Market breadth remained positive on Wednesday, with 188 stocks advancing, while 80 declined and nine remained unchanged.
Total turnover slightly fell to Rs 4.14 billion, with 11.67 million units traded through 39,183 transactions.
Among individual stocks, 10.75% SBL Debenture 2089 recorded the highest gain of 13.21%. Next were 7% SBI Debenture 2090 and Upakar Laghubitta Bittiya Sanstha Ltd with gains of 8.18% and 4.95%, respectively. On the other hand, Sagarmatha Jalvidyut Company Ltd posted the largest loss of 6.32%. Everest Color Ltd and Swabhimaan Laghubitta Bittiya Sanstha followed with losses of 4.95% and 3.75%, respectively.
Kumari Bank Ltd topped the turnover chart with transactions of Rs 264.64 million. Ghalemdi Hydropower Ltd and Laxmi Sunrise Ltd were next with turnovers of Rs 216.01 million and Rs 128.2 million, respectively.
All trading groups ended the session in the green. The Banking sub-index posted the biggest gain of 1.45%. The Non-life Insurance and Development Bank sub-indices were next with gains of 1.2% and 1.19%, respectively.
