The NEPSE Index surged by 75.84 points on July 17, closing at 2,870.63, a strong 2.71% rise from the previous day. The market displayed solid investor confidence, with 239 stocks advancing, only 9 declining, and none remaining unchanged.
Trading was active, with the total turnover reaching Rs 16.59 billion, and 38.63 million shares exchanged across the board. The index opened at 2,797.41, hit a high of 2,878.77, dipped to 2,796.58, and finally settled at 2,870.63.
Market activity saw notable growth, with turnover increasing by Rs 3.01 billion (up 22.18%), total volume traded rising to 3.86 crore shares (up 42.02%), and transactions climbing to 1.41 lakh (up 46.29%).
Other key indexes followed suit. The Sensitive Index rose 11.22 points to close at 500.49 (up 2.29%). The Float Index gained 5.06 points, ending at 198.33 (up 2.62%), while the Sensitive Float Index increased by 3.79 points to reach 171.43 (up 2.26%).
Today’s rally in the NEPSE Index reflects renewed optimism in the market. With turnover exceeding Rs 16 billion and a sharp increase in trade volume and transactions, investor sentiment appears to be turning bullish. This upward movement may encourage more participation in the coming sessions, depending on market cues and sector-specific trends.
