Himal Press 
KATHMANDU: The Nepal Stock Exchange (Nepse) index closed trading at 2,100.43 points on Tuesday, posting a gain of 47.04 points.
The bourse experienced significant buying pressure on Tuesday morning following the announcement of a new alliance between the two largest parties in the House of Representatives – Nepali Congress and CPN-UML – which boosted investor confidence. Two circuit breakers were activated during the session due to a rapid surge in the index. The first circuit breaker was triggered within a minute of trading when the Nepse index rose by 4%, resulting in a 20-minute trading halt.
Trading resumed at 11:21 am, but the second circuit breaker was triggered shortly after when the index increased by 5%, leading to a 40-minute halt. Although the benchmark index fell slightly after trading resumed, it still ended the session 2.29% higher.
Share prices of 227 companies increased on the day, while 17 declined and three remained unchanged. NRN Infrastructure and Development recorded the highest turnover of the session, with shares worth Rs 123.38 million traded. Goodwill Finance Ltd and United IDI Mardi RB Hydropower Ltd followed with turnovers of Rs 111 million and Rs 106.90 million, respectively.
All trading groups ended the session in the green. The largest gain was seen in the Manufacturing & Processing sub-index which rose by 3.3%. Next were Trading and Banking sub-indices, up by 3.12% and 3.03%, respectively.
Shares worth Rs 4.57 billion were traded on the secondary market through 70,720 transactions on Tuesday.
