Nepse gains 64.26 points as turnover hits record high of Rs 21.91 billion

Nepal Stock Exchange (Nepse) index gained 64.26 points to close the day's trading at 2,760.91 points on Wednesday, the fourth day of the week.

However, the share market recorded an all-time high turnover of Rs 21.91 billion today.

Earlier, on August 15, 2021, the share market had witnessed the turnover of Rs 21.64 billion. Today. the bullish market hits the yet another high turnover as the investors confidence returned two weeks ago. 

Share prices of some 191 companies advanced during the day's session, while some 44 declined and seven remained unchanged, according to the Nepse. 

Likewise, prices of 10 companies hit the positive circuit of 10 per cent on the day. Himalayan Reinsurance Ltd (HRL) logged the highest turnover with shares worth Rs 844.99 million traded during the day's trading. Mountain Energy Nepal Ltd (MEN) and Shivam Cement (SHIVM), with turnovers of Rs 410.93 million and Rs 402.63 million, respectively followed the HRL.

All the sub-indices posted gains in the day's trading. The biggest gain came from the Finance sub-index which was up by 8.08 per cent, followed by Investment and Others sub-indices with gains of 6.89 per cent and 3.99 per cent, respectively, according to the Nepse.

A total of 50.96 million units of shares were traded during the day's trading today, through 238,272 transactions. The Market capitalisation also reached Rs 4.38 trillion today.