NEPSE Extends Rally, Gains 14 Points

The Nepal Stock Exchange (NEPSE) continued its upward momentum on Wednesday, gaining 14.00 points (0.54%) to close at 2,590.29, following a 6.11-point increase in the previous session. The benchmark index fluctuated between an intraday high of 2,601.99 and a low of 2,576.61, while total daily turnover reached Rs. 4.17 billion. A total of 8.47 million shares of 362 listed companies were traded through 38,836 transactions, taking the market capitalization to Rs. 44.50 trillion. 10% Himalayan Bank Debenture 2083 (HBLD83) emerged as the most traded security with a turnover of Rs. 44.10 crore, while Corporate Development Bank Limited (CORBL) topped the gainers' list with a 12.90% rise. On the losing side, Upakar Laghubitta Bittiya Sanstha Limited (ULBSL) declined the most, falling 7.32%. Among sectoral indices, the Development Bank Index posted the highest gain of 1.37%, whereas the Investment Index was the biggest loser, slipping 0.46%.