Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The Nepal Stock Exchange (NEPSE) index declined by 32.93 points on Sunday, the first trading day of the week, closing at 2,595.97 after starting at 2,628.91. Despite the drop, trading volume showed robust growth, reaching Rs 9.14 billion, signaling positive investor activity in the market.
All sectoral indices recorded declines, contributing to the overall negative impact on NEPSE. The banking sub-index fell by 11.49 points, development banks by 46.88, finance by 25.87, hydropower by 100.97, microfinance by 54.16, hotels by 217.42, and others by 14.16.
The sensitive index also dipped by 4.87 points. Among the 310 companies traded, only 23 saw share price increases, while 225 experienced declines. Joshi Hydropower Company led gainers with a 9.98% rise in its share price.
A total of 21.5 million shares changed hands through 87,302 transactions, involving 310 companies. The market’s total capitalization stood at Rs 43.25 trillion, according to NEPSE.
Analysts attribute the sustained increase in trading volume to declining interest rates in banks and financial institutions, which typically drives liquidity into the stock market. Additionally, the Nepal Rastra Bank’s recent flexibility on margin lending has encouraged greater investment in the securities market. Experts view the rising transaction volume as a positive indicator, suggesting potential market growth in the coming days.
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