Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The Nepal Stock Exchange (NEPSE) saw a slight increase on Thursday, the final trading day of the week, with the benchmark index rising by 4.59 points.
While the market remained mostly in the red throughout the day, a late surge in the final half-hour helped the index close at 2,640 points. Despite this small gain, the total turnover amount dropped slightly to Rs 4.90 billion, down from Rs 5.17 billion recorded the previous day.
Market PerformanceThe day’s trading saw a fairly even split among listed companies, with 129 seeing their share prices rise, 115 witnessing a decline, and 15 remaining unchanged. Most sectoral indices remained stable, with fluctuations staying below 1%.
Several sectors posted modest gains:
Manufacturing and Processing: Up 0.49%
Hotels and Tourism: Up 0.40%
Life Insurance: Up 0.33%
Hydropower: Up 0.32%
Banking: Up 0.30%
On the other hand, some sectors faced a slight dip. The Finance sector fell by 0.44%, while the Trading and Investment sectors dropped by 0.22% and 0.20%, respectively.
Top Gainers and LosersSanvi Energy emerged as the top gainer of the day, with its share price jumping by 8.16%. Other notable performers included SY Panel, which rose by 5.71%, and Khanikhola Hydropower, which saw a 4.63% increase. Srinagar Agritech and Ankhu Khola Jalvidhyut also recorded gains of around 4%.
In contrast, Super Madi Hydropower was the biggest loser, with its price falling by 3.9%. Ingwa Hydropower and Ganapati Laghubitta also saw their share values decrease by 2.71% and 2.53%, respectively.
Most Traded CompaniesIn terms of trading volume, SY Panel, Bandipur Cablecar, Sanvi Energy, Sagar Distillery, and Shivam Cements were the most active companies on the floor today.
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