Fiscal Nepal
First Business News Portal in English from Nepal
Nepse drop
KATHMANDU: Nepal’s stock market witnessed a broad-based decline on the first trading day of the week, with all major indicators closing in the red as selling pressure dominated throughout the session.
The benchmark index of the Nepal Stock Exchange Nepal Stock Exchange dropped by 26.29 points, or 0.99 percent, to settle at 2,627 points. The market remained under consistent pressure from the opening bell to the closing session, extending the bearish sentiment from the previous trading day, when the index had already declined by 8.30 points.
Alongside the fall in the benchmark index, overall market turnover also contracted. Total trading volume fell to Rs 3.55 billion, down from Rs 4.41 billion in the previous session, indicating reduced investor participation amid weakening sentiment in the Nepal share market.
Market breadth remained heavily negative. Out of total listed companies traded during the session, only 34 recorded gains, while 239 declined and 4 remained unchanged, reflecting widespread selling across most sectors.
Sectoral performance showed losses across the board. The trading group was the worst performer, declining by 3.15 percent. The weakness in this segment was largely driven by the performance of Bishal Bazaar Company Limited, the largest company in the sector by market capitalization, which fell by 3.50 percent and dragged the entire group lower.
Other major sectors also closed lower. Banking declined by 1.06 percent, development banks by 0.30 percent, finance companies by 1.24 percent, hotels and tourism by 0.78 percent, hydropower by 0.98 percent, investment by 0.72 percent, life insurance by 0.69 percent, manufacturing and processing by 1.17 percent, microfinance by 0.89 percent, non-life insurance by 0.98 percent, and the “others” category by 0.52 percent.
Despite the overall bearish trend, a few individual stocks recorded strong gains. Three companies surged by 15 percent each—SaniGad Hydropower, Kalanga Hydropower, and Snow River Falls Hydropower—benefiting from recent listing-driven volatility and speculative trading interest. Corporate Development Bank also gained 11.55 percent, while Barahi Hydropower rose by 4.02 percent.
On the losing side, Threestar Hydropower declined sharply by 13.79 percent. Nepal Finance, which had surged 15 percent in the previous session, corrected heavily by 11.64 percent. Khani Khola Hydropower dropped 9.72 percent, while Upakar Microfinance fell 6.45 percent, adding further pressure to the micro and hydropower segments.
In terms of trading activity, Central Finance, NRN Infrastructure, Ankhu Khola Hydropower, City Hotel, and Shivam Cements were among the most actively traded stocks of the day, reflecting continued investor interest in both financial and infrastructure-linked companies despite the broader market downturn.
The overall decline in the Nepal stock market highlights persistent volatility in the NEPSE index, driven by profit booking, sectoral corrections, and reduced liquidity in recent sessions.
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