KATHMANDU: The Nepal Stock Exchange (NEPSE) closed at 2,688.38 points on Monday after seeing a notable increase of 78.17 points, or 2.99%. Additionally rising by 2.89% was the Sensitive Index, which measures 'A' class equities; conversely, the Float Index, which represents shares that are regularly traded, jumped by 2.99%. These gains are indicative of the market's robust upward trajectory.

Despite the overall growth, the day's trading volume stood at Rs 8.1 billion, with a total of 19,433,154 units of shares traded across 318 companies in 103,462 transactions. This indicates that the market saw active participation, though the turnover was moderate compared to some previous sessions.

Most sectors posted gains, with the Hydropower sector emerging as the top performer, rising by 4.24%. Other sectors also saw positive movements, including the Others sector (up 3.82%), the Investment sector (up 3.72%), the Life Insurance sector (up 3.46%), and the Finance sector (up 3.40%). However, the Mutual Fund sector was the only one to record a slight loss of 0.09%.

In terms of individual stock performance, 229 companies saw their stock prices increase, while only 12 experienced declines and three remained unchanged. Notably, four companies, Wean Nepal Lagubitta Bittiya Sanstha Limited (WNLB), Green Ventures Limited (GVL), Eastern Hydropower Limited (EHPL), and Rawa Energy Development Limited (RAWA)—registered a 10% increase in their share prices. Conversely, Three Star Hydropower Limited (TSHL) suffered a 10% drop in its stock price.

The overall market value at the end of the trading day was Rs 4.274 trillion, indicating the stock market's bullish trend with increases reported by the majority of sectors and companies. Strong results in a number of sectors contributed to the positive atmosphere that pervaded the market as a whole.