Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Nepal’s stock market closed higher on Monday, with the Nepal Stock Exchange (NEPSE) index rising by 12.03 points to settle at 2,761.86 points. The gain came despite early volatility and reduced overall turnover compared to the previous trading session.
The market opened weak and dipped to 2,741 points at 11:41 AM, marking the day’s lowest level. However, sentiment gradually improved in the afternoon session, and by 2 PM onwards, the index picked up momentum, driven mainly by banking stocks.
Turnover Declines
While the index gained, trading volume declined. Monday’s total turnover stood at NPR 5.10 billion, lower than Sunday’s NPR 6.06 billion. Market analysts noted that the banking group provided the strongest push to the overall index, recording a 1.50% gain, the highest among all sub-indices.
Sectoral Highlights
Banking: +1.50%
Development Banks: +0.52%
Finance: +0.14%
Hotels & Tourism: +0.43%
Hydropower: +0.08%
Investment: +0.18%
Manufacturing & Processing: +0.36%
Microfinance: +0.27%
Non-life Insurance: +0.30%
Life Insurance: Stable
Trading: -0.85%
Others: -0.03%
Top Gainers
The biggest gainer of the day was Himstar Energy, whose stock surged 6.07% to NPR 267.50 per share. Other major advancers included:
Standard Chartered Bank: +4.08%
Siddhartha Bank: +3.28%
Mahila Laghubitta: +3.21%
Top Losers
On the downside, Unnati Sahakarya Laghubitta recorded the steepest fall, plunging 7.68%. Other notable losers were:
Vikas Hydropower: -4.88%
Pure Energy: -4.71%
Peoples Power: -3.65%
Narayani Development Bank: -3.34%
Most Active Stocks
Heavy trading was seen in shares of Nepal Reinsurance, Everest Bank, Himalayan Distillery, NRN Infrastructure, and Kumari Bank, which remained among the most active counters of the day.
Market observers say Monday’s rally, though modest, signals renewed confidence in banking stocks, even as overall liquidity-driven turnover showed signs of slowing.
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