Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The Nepal Stock Exchange (NEPSE) welcomed the new fiscal year 2082/83 with a strong rally, as the benchmark index soared by 75 points, reaching 2,870 points on Thursday, the first trading day of the fiscal year.
According to market analysts, NEPSE is heading towards a bullish trend, with confidence building across all sectors. Experts predict that the index could soon cross the 3,200-point mark, as positive sentiment among investors grows alongside high liquidity and sector-wide movement.
A total of 311 listed companies witnessed active trading, where 30 million shares were exchanged, generating a daily turnover of NPR 16.59 billion. Out of these, 239 companies saw a rise in share prices, while only 9 companies declined.
The highest turnover was recorded by Nepal Reinsurance Company, which traded over NPR 840 million worth of shares. Other major contributors included:
Butwal Power Company (NPR 600 million)
Radhi Bidyut Company (NPR 560 million)
Sanima Mai Hydropower (NPR 420 million)
Nyadi Hydropower Group (NPR 410 million)
Three companies hit the positive circuit breaker, with their shares rising by the maximum 10% in a single day. These include:
Trade Tower Limited
Shubham Power
Three Star Hydropower
All sectoral indices ended in the green, signaling broad-based market strength:
Others: +5.09%
Investment: +3.17%
Life Insurance: +3.14%
Hydropower: +3.04%
Manufacturing & Processing: +2.94%
Finance: +2.80%
Hotels & Tourism: +2.60%
Microfinance: +2.50%
Non-life Insurance: +2.18%
Development Bank: +1.95%
Banking & Trading: +1.76% each
With strong momentum and broad participation across sectors, NEPSE’s rally on Thursday has set a positive tone for the fiscal year ahead. The bullish breakout is expected to attract more institutional and retail investors in the coming weeks.
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