Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Nepal’s secondary market posted a strong rebound on the first trading day of the week, with the benchmark index rising in double digits and daily turnover crossing Rs 5 billion.
The Nepal Stock Exchange (NEPSE) index climbed 19 points to close at 2,674, reflecting renewed investor confidence across multiple sectors.
According to NEPSE data, share prices of 187 companies increased, while 64 declined and 11 remained unchanged. A total of 314 companies were traded, with over 10 million shares changing hands, generating a turnover of Rs 5.64 billion.
Radhi Bidyut Company recorded the highest transaction volume of the day, with shares worth Rs 360 million traded.
It was followed by:
Two companies hit the upper circuit limit of 9.99 percent during the session. Shares of Salapa Bikas Bank and Reliance Spinning Mills surged to the maximum allowable gain.
Market analysts attribute the upward movement to improved liquidity conditions and increased buying interest in hydropower and banking-related stocks, though volatility remains amid broader macroeconomic uncertainties.
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