Himal Press 
Representative image created by AI
KATHMANDU: The Nepal Stock Exchange (Nepse) index extended its gaining streak to a fourth consecutive session on Tuesday, rising 4.12 points to close trading at 2,599.93.
Nepse has gained a nominal 27.59 points over the past four sessions.
The market briefly breached the psychological support level of 2,600 points during the session. It, however, pared some gains and closed just below 2,600 points.
Despite the marginal gain on Tuesday, market breadth remained negative, with 167 stocks declining while 104 advanced and seven remained unchanged. Total turnover improved to Rs 4.74 billion, with 13.55 million units traded through 46,659 transactions.
Among individual stocks, Sagarmatha Jalvdyut Company Ltd posted the biggest gain of 12.44%. Nepal Life Samiriddhi Yojana and NIC Asia Growth Fund 2 were next with gains of 4.62% and 4.57%, respectively. On the other hand, Snow Rivers Ltd hit the 15% negative circuit. Dhaulagairi Laghubitta Bittiya Sanstha Ltd and NIC Asia Select Fund 30 followed with losses of 12.87% and 5.23%, respectively.
Ghalemdi Hydropower Ltd topped the turnover chart with total transactions of Rs 364.78 million. Mountain Energy Nepal Ltd and Kumari Bank Ltd were next with turnovers of Rs 259.74 million and Rs 253.78 million, respectively.
Eight trading groups posted the session in the red, while the remaining five posted gains. The Life Insurance sub-index posted the biggest gain of 1.77%. On the other hand, the biggest loss came from the Hotels & Tourism sub-index which closed 0.58% lower.
