Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The Nepal Stock Exchange (NEPSE) index surged by 29.00 points on Sunday, closing at 2,760.80, marking a 1.06 percent gain. The rally came on the first trading day after Nepal Rastra Bank (NRB) unveiled its monetary policy for fiscal year 2082/83, which introduced expansionary measures aimed at revitalizing the economy and stimulating credit flow.
Investor sentiment remained strong throughout the session, as reflected in the day’s total turnover of NPR 11,141,468,267, or over 11.14 billion rupees, one of the highest daily turnover figures in recent months. NEPSE reported 32,592,030 shares traded across 105,415 transactions, covering 311 listed scrips. Among them, 158 scrips advanced, 90 declined, and none remained unchanged.
Leading the market was NIC Asia Bank (NICA), whose share price jumped 26.84 percent, closing at NPR 436.50. NICA also posted the highest turnover at NPR 371.42 million. Other top gainers included Khanikhola Hydropower Company (KHIC), up 26.64 percent to NPR 236.60; Jyoti Bikas Bank (JBBL), up 20.51 percent to NPR 230.50; NESDO Sambridha Laghubitta, which rose 20.39 percent to NPR 1,226; and Sanima Bank, gaining 17.77 percent to NPR 358.
In terms of turnover after NICA, the most active stocks were Butwal Power Company (BPCL) with NPR 125.33 million at NPR 325; NRN Infrastructure and Development Ltd. (NRN) with NPR 83.25 million at NPR 316; Sanima Bank with NPR 56.24 million at NPR 358; and Chilime Hydropower Company (CHDC) with NPR 34.26 million at NPR 726.
Market analysts attribute the surge in both index and turnover to investor optimism following the central bank’s decision to lower policy rates, ease lending restrictions, and revise credit limits. The new monetary policy has signaled a shift toward supporting economic growth through increased liquidity and credit expansion, which appears to have immediately influenced trading behavior in both banking and hydropower sectors.
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