Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Nepal’s stock market declined moderately on Wednesday, with the NEPSE index dropping 9 points to close at 2,705, according to Nepal Stock Exchange data.
Of the 324 companies traded, 174 saw their share prices fall, 82 recorded gains, and 3 remained unchanged. A total of 20 million shares changed hands, amounting to a turnover of NPR 8.92 billion.
Top traded stocks included Aankhu Khola Hydropower at NPR 430 million, NRN Infrastructure at NPR 350 million, Himalayan Reinsurance at NPR 330 million, United Modi at NPR 289.7 million, and Radhi Hydropower at NPR 280 million.
Notable gainers were Kalika Power, which surged 9.84 percent, and Narayani Development Bank, which rose 9.16 percent.
Sector-wise, 13 sub-indices were active, with only one posting a positive movement. The remaining 12 sub-indices declined, while the “Other” sub-index grew marginally by 0.26 percent.
Significant losses were observed in the finance, hotel & tourism, and trade sub-sectors, each falling more than 1 percent.
Market analysts suggest that the mixed performance reflects cautious investor sentiment amid broader economic uncertainty and sector-specific developments.
The decline in major sub-sectors, particularly finance and tourism, indicates that investor confidence remains fragile despite selective gains in hydropower and infrastructure stocks.
Your email address will not be published. Required fields are marked *
Comment *
Name *
Email *
Website
Save my name, email, and website in this browser for the next time I comment.
