Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Nepal’s stock market rebounded sharply on Tuesday, with the benchmark NEPSE Index gaining 22.21 points to close at 2,777.58, recovering from losses recorded during the first trading session following the announcement of the fiscal year 2083/84 budget.
The market experienced fluctuations throughout the trading day but maintained positive momentum, ending firmly in the green. Most sectoral indices contributed to the rally, with the exception of the manufacturing and processing sector.
The Finance Index emerged as the strongest performer of the day, surging 6.3 percent, reflecting renewed investor confidence in financial sector stocks.
Investor sentiment remained broadly positive as share prices of 184 listed companies advanced during the session.
Among the day’s top gainers, Kalinchowk Hydropower hit the upper circuit limit, recording a 10 percent increase in its share price. Central Finance rose by 13.67 percent, while Crest Micro Life Insurance gained 10.57 percent.
The strong performance of finance, hydropower, and insurance stocks helped drive the broader market higher.
Market activity remained robust, with total turnover reaching Rs 5.26 billion during the day’s trading.
Ankhu Khola Jalvidhyut Company recorded the highest transaction value, with shares worth Rs 467.6 million changing hands.
Other actively traded stocks included:
The healthy turnover indicates sustained investor participation despite recent market volatility following the government’s budget announcement.
While the market closed higher overall, share prices of 77 companies declined, and 10 companies remained unchanged.
Among the biggest losers, Nabil Debenture recorded the sharpest decline, falling 4.59 percent during the session.
Tuesday’s rebound suggests investors are reassessing opportunities after the initial budget-driven reaction seen in the previous trading session. The strong performance of finance and hydropower stocks, combined with turnover above Rs 5 billion, indicates continued liquidity and positive sentiment in Nepal’s capital market.
Market participants will now closely watch upcoming economic policies, monetary measures, and corporate earnings announcements for further direction in the coming weeks.
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