NEPSE Up 0.99% to 2,585.04

The Nepal Stock Exchange (NEPSE) index rose 25.55 points, or 0.99 percent, on Monday, September 14, to close at 2,585.04.

The benchmark index had gained 27.94 points on Friday after falling for two consecutive sessions. With Monday’s gain, the market has risen 53.49 points over the past two trading days.

Trading activity also picked up on the first trading day of the week, with turnover rising to Rs 4.68 billion from Rs 4.36 billion on Friday.

All three major indices—the Sensitive, Float and Sensitive Float—ended higher.

A total of 11,595,654 shares changed hands through 49,074 transactions.

Share prices of 226 companies rose, while 47 declined and two remained unchanged.

Infinity Laghubitta Bittiya Sanstha posted the biggest gain of the day, rising 6.43 percent. Upakar Laghubitta Bittiya Sanstha was the biggest decliner, falling 8.23 percent.

NRN Infrastructure and Development was the most actively traded company, with shares worth Rs249.07 million changing hands. Liberty Energy Company and Sanima Middle Tamor Hydropower followed.

All sectoral indices closed higher except the mutual fund index, which fell 0.31 percent. The Finance index led the gains, rising 1.67 percent.

Total market capitalisation stood at Rs 4,446.62 billion, up from Rs 4,402.66 billion at the close of trading on Friday.