KATHMANDU: Nepal Stock Exchange (Nepse) index gained 31.54 points, or 1.18%, to close at 2,695.60 on Thursday, as Banking stocks posted impressive gains.
The index moved into the green right after trading began and maintained the momentum throughout the session despite some fluctuations.
The benchmark index went up by 33.39 points on Wednesday.
Unit prices of 181 scrips advanced during the session, while 91 declined and six remained unchanged. Total turnover increased to Rs 8.57 billion, the highest since March 16, with 23.25 million units traded across 69,619 transactions.
Among individual stocks, Beni Hydropower Company continued its impressive run with another 15% gain. Sopan Pharmaceuticals Ltd and Nepal Reinsurance Company Ltd followed with gains of 8.72% and 5.61%, respectively. On the other hand, NRN Infrastructure & Development posted the largest loss of 3.65%. Liberty Energy Company Ltd and Chirkhuwakhola Hydropower Ltd were next with losses of 3.2% and 3.14%, respectively.
Ghalemdi Hydropower Ltd topped the turnover chart with total transactions of Rs 356.16 million. Siddhartha Bank Ltd and Laxmi Sunrise Bank Ltd were next with turnovers of Rs 253.83 million and Rs 242.79 million, respectively.
All trading groups ended the session in the green. The biggest gain came from the Others sub-index, which closed 2.45% higher. The Banking and Hotels & Tourism sub-indices also posted gains of 2.28% and 2.05%, respectively.

Himal Press