Kathmandu, November 11
After declining for three consecutive trading days, the share market rebounded on Tuesday. Compared to the previous day, the NEPSE index increased by 3.21 points, settling at 2,565 points.
Although the market fell until around 1:30 pm after the opening session, it recovered later in the day. Prices of 142 companies rose, 102 declined, and 10 remained unchanged. The transaction volume, however, decreased from Rs 4.51 billion on the previous day to Rs 3.62 billion today.
Sectoral indices showed mixed trends, with all fluctuations remaining below one per cent. The indices for Banking rose by 0.07 per cent, Hydropower by 0.77 per cent, Life Insurance by 0.57 per cent, Manufacturing and Processing by 0.33 per cent, Non-Life Insurance by 0.50 per cent, and Trading by 0.69 per cent.
Meanwhile, the indices for Others declined by 0.67 per cent, Microfinance by 0.05 per cent, Investment by 0.29 per cent, Hotels and Tourism by 0.38 per cent, Finance by 0.61 percent, and Development Banks by 0.47 per cent.
Share prices of four companies surged by the maximum limit of 10 per cent all of them newly listed. The companies are Bandipur Cable Car, Mabilung Energy, Sagar Distillery, and Bungal Hydropower.
Similarly, shares of Daramkhola Hydropower rose by 6.88 percent, Eastern Hydropower by 6.29 per cent, and Swastik Laghubitta by 4 per cent. City Hotel recorded the sharpest decline of 4.96 per cent.
The most actively traded companies of the day were Sahas Urja, Radhi Bidyut, NRN Infrastructure, Shivam Cement, and Synergy Power.
