Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Nepal’s secondary market extended its rally for the second consecutive session, with the NEPSE Index surging 48.71 points to close at 2,851.24, driven by broad-based buying across all sectoral indices.
All sub-indices ended in positive territory, reflecting strong investor sentiment and momentum in the market. The “Others” sub-index led the gains, climbing 3.43 percent, indicating increased activity in diversified and non-traditional sectors.
A total of 251 listed companies saw their share prices rise during Thursday’s trading session, underscoring a market-wide bullish trend. In contrast, only 16 companies recorded losses, suggesting limited profit-booking pressure.
Investor enthusiasm was evident as eight companies hit the positive circuit limit, including:
These stocks surged by the maximum allowable daily limit, reflecting strong speculative and momentum-driven buying.
Alongside the index gain, market liquidity also improved significantly. Total daily turnover reached Rs 9.91 billion , indicating heightened trading activity and renewed investor participation.
Among individual stocks, National Hydropower Company led the turnover chart with transactions worth Rs 434.7 million.
It was followed by:
The continued upward momentum in NEPSE reflects improving investor confidence, possibly supported by expectations of favorable monetary policy, increased liquidity, and positive sentiment in key sectors such as hydropower and manufacturing.
Analysts note that sustained high turnover alongside index gains signals healthy market participation, although caution remains over potential short-term volatility due to profit booking after sharp rallies.
The market’s near-term direction will likely depend on macroeconomic signals, banking system liquidity, and investor response to upcoming corporate earnings and policy developments.
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