Kathmandu. On Sunday, the first day of the year, the stock market has seen a surge. The market, which had been on the rise since the start of trading, finally closed up 105 points. The Nepse index, which measures share turnover, rose by 105.55 points to 2,885.53 points on Sunday.

The stock market, which had been declining for the past week, is expected to rise on Sunday following news that the government was preparing to call elections. The transaction amount also exceeded Rs 6 billion on Sunday. With the purchase and sale of 1,215,432 lots of shares, the share turnover has reached Rs. 6,32,42,240,000.

Shares of half a dozen companies traded at positive circuit levels as the market rose higher. The share price of the same companies does not fluctuate more than 10 percent in one day. Win Nepal Microfinance, Liberty Energy, Shivshree Hydropower, Nepal Infrastructure Bank, Buddhabhumi Hydropower and Arun Valley Hydro Power are among the circuit-level transactions that will take place on Wednesday.