Kathmandu, October 27
Nepal’s stock market rose marginally by 0.94 points on Tuesday, taking the Nepal Stock Exchange (NEPSE) index to 2,630 points.
Share prices of 136 companies increased, while those of 135 companies declined. Prices of eight companies remained unchanged.
Market turnover increased to Rs 5.8 billion on Tuesday, up from Rs 4 billion on Monday.
Hydropower stocks attracted the most investor interest, with the sectoral index rising by 1.65 per cent, or 59 points. On the previous trading day, the manufacturing and processing sector had drawn the most attention.
On Tuesday, the microfinance and others indices rose by 0.01 per cent and 0.06 per cent, respectively.
Meanwhile, the banking index fell by 0.37 per cent, development banks by 0.45 per cent, finance by 0.18 per cent, hotels and tourism by 0.51 per cent, investment by 0.23 per cent, life insurance by 0.59 per cent, manufacturing and processing by 0.50 per cent, non-life insurance by 0.06 per cent, and trading by 0.26 per cent.
Recently listed Beni Hydropower recorded the highest gain, with its share price rising by 15 per cent. Upper Mailung Khola Hydropower gained 12.09 per cent, Dordi Khola Hydropower 6.79 per cent, Super Mai Hydropower 5.95 per cent, Sirjanshil Laghubitta 5.68 per cent, Peoples Hydropower 4.89 per cent, and Shikhar Power 4.63 per cent.
Unilever Nepal recorded the steepest decline, with its share price falling by 4.91 per cent. Debentures accounted for most of the other major price declines.
Ghalemdi Hydropower, Peoples Hydropower, Sanima Middle Tamor, Liberty Energy, Green Ventures, Himalayan Distillery and Api Power were among the companies with the highest trading volumes on Tuesday.
