Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Nepal’s stock market witnessed a robust gain on Wednesday, with the NEPSE index climbing 34.61 points (1.25%) to close at 2,794.78, indicating a strong bullish sentiment building in the market. According to market analysts, NEPSE is now firmly entering a bull trend, and they anticipate the benchmark index will cross the 3,200 mark in the near future if momentum continues.
Investor confidence appeared high as 193 listed companies registered price gains, while only 55 declined, and none remained unchanged. A total of 43.11 million shares were traded through 99,505 transactions, amounting to a daily turnover of Rs 14.03 billion, a significant rise compared to recent sessions.
Analysts: “Market Has Entered a Bull Phase”
Market analysts believe the recent liquidity inflow, improved investor participation, and positive sectoral outlook are key drivers of the rally. “The NEPSE index has gained strength and is showing clear bullish patterns. If this pace continues, it will not be long before it breaks the psychological resistance of 3,200 points,” one senior analyst stated.
Major Trading Highlights:
Butwal Power Company (BPCL) led the turnover chart with Rs 618.7 million in transactions.
Radhi Bidyut Company (RADHI) followed closely with Rs 566.5 million, while
Sanima Mai Hydropower (SHPC) posted Rs 393.2 million in trades.
Other active stocks included Lumbini Bikas Bank (Rs 343.9 million) and Sahas Urja (Rs 337.3 million).
Notable Gainers and Circuit Hits:
Two stocks hit positive circuit levels (10%):
KBL Debenture 2087 (KBLD90) – Up 12.63%
Three Star Hydropower (TSHL) – Up 10.00%
Other top gainers included:
Green Development Bank (GRDBL) – Up 11.35%
NIBL Samriddhi Fund (NIBLSF) – Up 7.86%
Upper Hewakhola Hydropower (UHEWA) – Up 4.62%
Market Indicators:
Total Turnover: Rs 14.03 billion
Total Traded Shares: 43.11 million
Total Listed Scrips Traded: 330
Total Market Capitalization: Rs 4.65 trillion
Float Market Capitalization: Rs 1.59 trillion
The upward momentum, supported by increasing volumes and investor enthusiasm, signals growing optimism in Nepal’s capital market. Should the trend persist, NEPSE may set new all-time highs in the coming weeks.
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