Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Nepal’s stock market rebounded strongly on Tuesday, with the Nepse Index jumping 62.29 points to close at 2,571 points, driven by impressive gains in the development bank, hydropower, and insurance sectors.
After opening in red for a few minutes, the market swiftly turned green within 10 minutes and remained positive throughout the trading session. Total turnover soared to NPR 4.57 billion, up sharply from NPR 2.79 billion recorded on Sunday — signaling renewed investor confidence and strong buying momentum across multiple sectors.
Out of all traded companies, 236 posted price gains, 12 declined, and 2 remained unchanged. The development bank group led the market with a robust 4.47% surge, followed by hydropower (3.90%), life insurance (3.55%), investment (3.19%), finance (3.14%), hotel and tourism (2.80%), microfinance (2.59%), non-life insurance (2.54%), banking (1.92%), others (1.91%), and manufacturing and processing (0.37%).
Three Stocks Hit 10% Upper Circuit
Three companies — Nyadi Hydropower, Butwal Power Company, and Excel Development Bank — hit the 10% upper circuit, reflecting strong investor sentiment in these counters.Other notable gainers included Radhi Bidyut Company (+9.60%), Lumbini Bikas Bank (+9.35%), Singati Hydropower (+8.21%), and First Microfinance (+8.12%).
Meanwhile, Himalayan Power Partner suffered the steepest drop, plunging 6.36%, followed by Unilever Nepal (-3.88%) and Bottlers Nepal Balaju (-3.77%).
Trading Volume Rises Sharply
In terms of trading activity, the most actively traded shares were from Himalayan Power Partner, Union Hydropower, Radhi Bidyut, Butwal Power, and NRN Infrastructure — collectively accounting for a significant portion of the day’s total turnover.
Market analysts attribute today’s rally to improving investor sentiment, sectoral diversification of investment, and speculative buying ahead of potential fiscal and policy adjustments by the Nepal Rastra Bank and the Securities Board of Nepal (SEBON).
The steady rise in daily turnover also signals that institutional investors and retail participants are regaining confidence amid recent market volatility.
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