Nepal’s benchmark Nepal Stock Exchange (NEPSE) index rose 31.54 points, or 1.18 percent, to close at 2,695.60 points on Thursday, extending the previous session’s gains. The advance was broad across the market: share prices of 181 companies increased, 91 declined and six remained unchanged, while all 13 trading subgroups ended higher. Turnover reached Rs 8.57 billion, the highest since April 16, as 23.26 million shares changed hands in 69,619 transactions.

Broad gains across the market

The increase in the benchmark followed a 33.29-point rise on Wednesday, when NEPSE closed at 2,664.06 points. Taken together, the two sessions lifted the index by 64.83 points from Wednesday’s close to Thursday’s finish. Thursday’s gain was smaller than Wednesday’s in points, but it extended the upward movement and brought the index close to the 2,700-point level.

The number of advancing companies substantially exceeded the number of decliners. With 181 companies gaining against 91 losing ground, the session’s breadth was positive, while six companies recorded no change. All 13 trading subgroups also posted gains, indicating that Thursday’s advance was not limited to a single subgroup. The available figures do not identify the size of each subgroup’s gain, but they show that none finished the session lower.

Turnover reaches a recent high

Trading activity was a notable feature of the session. The Rs 8.57 billion turnover was the highest recorded since April 16, and the total volume reached 23.26 million shares. Those shares were traded through 69,619 transactions. The figures show a busy session alongside the rise in the index, although they do not, on their own, indicate why market participants traded or whether the activity was concentrated in particular companies.

Turnover measures the total value of shares traded, while the share volume counts the number of shares changing hands. The transaction count records the number of trades. Together, the three measures give different views of market activity: value, volume and the number of recorded transactions. Thursday’s reported figures therefore provide a broader picture of the session than the index change alone.

Gains extend Wednesday’s rally

Wednesday’s session had already added 33.29 points to NEPSE, taking the index to 2,664.06. The banking index reached a two-year high that day, while hydropower stocks led the rally. Thursday’s overall increase continued the market’s rise, with gains across all 13 subgroups rather than a decline in any subgroup.

The two sessions differed in their reported points gained: Wednesday’s rise was 33.29 points and Thursday’s was 31.54 points. Yet Thursday’s combination of a higher benchmark close, positive breadth and elevated turnover marked another strong day for the exchange. The index’s close at 2,695.60 followed consecutive gains, while the market recorded its highest turnover since April 16.

The session ended with a clear majority of listed companies advancing and every trading subgroup in positive territory. NEPSE’s 1.18 percent rise, the 8.57 billion rupees in turnover and the 23.26 million shares traded together underscored the scale of Thursday’s activity. The advance added to Wednesday’s gains, when the banking index reached its two-year high and hydropower shares were at the forefront of the rally.