Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Nepal’s stock market posted a modest gain on the last trading day of the week, with the benchmark index of Nepal Stock Exchange rising by 5.36 points to close at 2,838 points, even as overall trading volume declined.
The market showed intraday volatility, falling to 2,809 points around 12:22 PM before gradually recovering and ending in positive territory. The slight rebound comes a day after the index had dropped by 33 points.
Despite the index gain, market activity weakened. Total turnover fell to NPR 7.46 billion (7.46 billion rupees), down from NPR 9.31 billion (9.31 billion rupees) recorded in the previous session.
Market breadth remained negative, indicating underlying weakness. Share prices of 108 companies increased, while 150 declined and 12 remained unchanged. Analysts attribute the index rise primarily to gains in large-cap stocks, which outweighed broader declines across the market.
Sector Performance Mixed
Among sectoral indices, the manufacturing and processing group led gains with a 1.40% increase, largely driven by price appreciation in newly listed companies. The hotel and tourism sector rose by 1.38%, followed by hydropower (0.67%), others (0.56%), and trading (0.03%).
On the downside, most financial sector indices recorded marginal declines:
Banking: -0.27%Development banks: -0.38%Finance: -0.34%Investment: -0.16%Life insurance: -0.07%Microfinance: -0.33%Non-life insurance: -0.53%Five Companies Hit Upper Circuit
Five companies posted a 10% upper circuit gain, including:
Palpa CementHotel Forest InnRidgeline EnergySuryakund HydroelectricShikhar Power
Other notable gainers included Kalika Power (8.33%), Reliance Spinning Mills (6.48%), and Solu Hydropower (4.54%).
Losers and Active Stocks
On the losing side, Asian Hydropower recorded the highest decline of 4.54%, followed by Super Khudi Hydropower (4.40%) and Emerging Nepal (3.59%).
In terms of trading volume, the most active stocks included National Hydropower, Solu Hydropower, Ridi Power, Reliance Spinning Mills, and Himal Dolakha Hydropower.
The session reflects a divergence between index movement and broader market sentiment, with selective large-cap gains masking widespread declines across listed companies.
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