Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU — Nepal’s stock market extended its upward momentum on Monday, with all major sectoral indices posting gains and daily turnover increasing significantly amid investor optimism ahead of the government’s annual Policy and Programme announcement for the upcoming fiscal year.
The benchmark NEPSE index surged by 38.19 points, or 1.39 percent, to close at 2,783 points, marking the day’s highest level as the market maintained a steady upward trajectory throughout the trading session.
The bullish momentum follows Friday’s rally, when the benchmark index had gained 27 points, signaling growing confidence among investors as the government prepares to unveil its policy priorities for the next fiscal year.
Market activity also improved considerably. Daily turnover climbed to Rs 4.61 billion, up from Rs 3.28 billion recorded in the previous session, reflecting stronger participation from investors.
Out of the traded companies, 247 firms recorded price gains, while 18 declined, and four companies remained unchanged, indicating broad-based buying across sectors.
Every sectoral index closed in positive territory, with the “Others” group emerging as the top performer, rising by 2.11 percent.
Other sectoral gains included:
Among individual stocks, First Microfinance emerged as the biggest gainer of the day, soaring 14.18 percent.
Other notable gainers included:
On the losing side, Trishuli Jal Vidhyut Company recorded the sharpest decline, slipping 2.87 percent, after being the market’s top gainer with a 10 percent rise in the previous trading session.
Similarly:
Companies with the highest turnover on Monday included Reliance Spinning Mills, National Hydropower, SY Panel, Ridi Power, and Sahas Urja, highlighting sustained investor interest in hydropower and industrial counters.
The broad-based rally comes as market participants closely monitor the government’s upcoming fiscal agenda, with expectations that new policies and economic measures could influence investment sentiment in Nepal’s capital market.
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