Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The Nepalese stock market saw a notable uptick on Thursday, the final trading day of the week, with the NEPSE index rising 23.87 points to close at 2,820. Trading volume also increased, reaching NPR 1.455 billion, up from NPR 1.318 billion the previous day.
Market breadth was positive, with 176 companies recording price gains, 77 declining, and 9 remaining unchanged. The banking sector emerged as the strongest performer, registering a 2.02% gain, followed by:
Meanwhile, non-life insurance declined 0.04%, others fell 0.74%, and hotel & tourism sector decreased 0.35%.
Four companies recorded a 10% surge in their stock prices, including:
Other significant movers included Daramkhola Hydropower (up 9.46%), Himal Dolakha Hydropower (up 7.14%), while Trishuli Hydropower saw the largest decline at 3.14%.
High-volume trading companies included National Hydropower, HIDCL Promoter, Kumari Bank, Himal Dolakha Hydropower, and Balefi Hydropower, reflecting strong investor interest across key sectors.
This week’s performance underscores robust liquidity and growing investor confidence, particularly in the banking and hydropower sectors, signaling a positive momentum as the market heads into next week.
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