Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Nepal’s secondary market reversed course on Wednesday after a five-day bullish streak, with the benchmark NEPSE Index declining by 24.45 points.
The index settled at 2,935 points, correcting from the previous session’s gain of 23.83 points, signaling profit-booking pressure among investors despite sustained liquidity in the market.
Turnover Hits Fresh High Despite DeclineContrary to the index movement, total turnover increased, reflecting continued investor participation. Daily trading volume rose to NPR 15.09 billion, up from NPR 14.83 billion recorded in the previous session—indicating that market activity remains robust even amid correction.
Market Breadth WeakensMarket breadth turned negative, with 213 companies posting losses, while only 45 advanced and 7 remained unchanged—highlighting widespread selling pressure across sectors.
Trading Sector Leads Gains AgainThe trading subgroup emerged as the top performer for the second consecutive session, rising 3.45 percent. The surge was largely driven by Bishal Bazar Company Limited, which saw its share price climb by 3.77 percent. Notably, this subgroup had also recorded a sharp 9.9 percent gain in the previous session.
The manufacturing and processing sector also posted a modest gain of 0.48 percent, standing as the only other sector in positive territory.
Sectoral Indices Mostly in RedAll other sectoral indices closed lower, reflecting broad-based correction:
Banking: down 1.40%Development Banks: down 2.32%Finance: down 2.09%Hotels & Tourism: down 0.05%Hydropower: down 0.16%Investment: down 0.53%Life Insurance: down 1.39%Microfinance: down 1.64%Non-life Insurance: down 1.15%Others: down 1.70%
Top Gainers and LosersFive companies hit the upper circuit with 10 percent gains, including:
Reliance Spinning MillsSolukhola HydropowerSuper Khudi HydropowerBhujung HydropowerHotel Forest Inn
Similarly, Panchakanya Mai Hydropower gained 9.7 percent.
On the losing side, Abhiyan Laghubitta Bittiya Sanstha recorded the highest drop of 7.74 percent. Other notable decliners included:
Salapa Bikas Bank (-6.99%)Corporate Development Bank (-6.71%)Sindhu Bikas Bank (-6.09%)
Most Actively Traded StocksThe day’s highest turnover was concentrated in shares of:
Ngadi Group PowerAPI Power CompanyShivam CementsSuper Madi HydropowerSY Panel Nepal
The latest session indicates a technical correction in the Nepal stock market after a sustained rally, while strong turnover suggests that investor interest and liquidity remain intact in the short term.
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