Kathmandu, Oct 30 – The Nepal Stock Exchange (NEPSE) witnessed a strong upward momentum on Wednesday, with the benchmark index climbing 34.22 points or 1.33%, closing at 2,600.38 points.
The total market turnover stood at Rs. 7.51 billion, with 26,010,718 shares traded across the market. Out of the listed companies, 216 advanced, 28 declined, and 5 remained unchanged, indicating broad market strength.
Among the top gainers, Gurans Laghubitta Bittiya Sanstha Ltd. (GLBSL) and Unnati Sahakarya Laghubitta Bittiya Sanstha Ltd. (USLB) surged by 10% each, closing at Rs. 2,310 and Rs. 2,002.10 respectively. Other notable gainers included SMHL (+9.54%), GMFBS (+9.46%), and PHCL (+9.08%).
In terms of turnover, Himalayan Bank Limited Promoter Shares (HBLPO) led the chart with a transaction value of Rs. 1.66 billion, followed by Radhika Steels Ltd. (RADHI) with Rs. 376 million, and NRIC with Rs. 341 million. Sahas Urja Ltd. (SAHAS) and BPCL also posted strong turnovers exceeding Rs. 200 million.
The day’s trading sentiment reflected renewed investor confidence, as the NEPSE index rebounded above the 2,600 mark after recent fluctuations, signaling potential bullish momentum in the market ahead.
