Kathmandu, Jul 13: The Nepal Stock Exchange (NEPSE) witnessed a sharp rise following the release of Nepal Rastra Bank’s (NRB) monetary policy on Friday. The market opened on Sunday with a remarkable surge, as the NEPSE index jumped 66 points within the first minute, reaching 2,798 points.

By the end of the trading session, the NEPSE index had settled at 2,760.80 points, marking a 29-point increase on the first trading day of the week. A total of 32.592 million shares were traded, amounting to a transaction value of Rs. 1.1416428 billion. The day saw trading of 311 different stocks.

In comparison, Thursday’s trading volume had stood at 26.47 million shares, with a total turnover of Rs. 968.248739 million.

Alongside the NEPSE index, all major sub-indices also showed improvement. The Sensitive Index rose by 9.16 points, the Float Index climbed 2.56 points, and the Sensitive Float Index added 3.23 points, reflecting broad market optimism.

The surge is largely attributed to investor expectations that the new monetary policy would energize the economy by supporting enterprise growth, easing interest rate corridors, and boosting the housing and capital markets.

Among notable gainers, NIC Asia Bank, Khanikhola Hydropower, and Jivan (Life) Development Microfinance hit the positive circuit.

• NIC Asia Bank surged by Rs. 36.81 to close at Rs. 405.40 per share.
• Khanikhola Hydropower rose Rs. 26.44, closing at Rs. 291 per share.
• Jivan Development Microfinance jumped Rs. 129.87 to finish at Rs. 1,480.62 per share.

On the losing end, Himalayan Hydropower experienced a negative circuit, dropping Rs. 39.37 to close at Rs. 357.21 per share.
Rapti Hydro & General Construction also declined by Rs. 26.27, ending at Rs. 331.41 per share.

The most actively traded companies included NIC Asia Bank, Butwal Power Company, NRN Infrastructure Development, and Sanima Bank, highlighting their high investor interest amid the bullish trend.