Kathmandu, December 2
Nepal’s stock market index, NEPSE, climbed by 19.97 points on Monday, closing at 2,758. The daily transaction volume surged past Rs 10.54 billion, a significant increase from the previous day’s Rs 8.83 billion. Out of the traded stocks, 126 companies recorded price increases, 112 saw declines, and 5 remained unchanged.
While the previous day saw significant interest in the Development Bank sector, Monday witnessed heightened investor attraction toward companies in the hotel and tourism sector. This group’s index rose by 4.99%. Additionally, a 10% price increase in Bishal Bazar Company led the trade sector to surge by 9.7%.
Hydropower, investment, life insurance, manufacturing, microfinance, and non-life insurance sectors showed modest gains, while others, finance, development banks, and banking sectors experienced declines.
Stocks such as Bishal Bazar Company, Taragaon Regency, Khanikhola Hydropower, Joshi Hydropower, and Upper Syange Hydropower saw a 10% price rise. Life Insurance Corporation, Upper Lahurekhola, Oriental Hotel, and River Falls Power also performed well.
Nepal Finance experienced the steepest decline, followed by Gurans Microfinance and VIN Nepal Microfinance. Based on transaction amounts, Nepal Finance, Ngadi Group Power, Janaki Finance, NRN Infrastructure, and Excel Development Bank were the top performers.
The market’s positive momentum, coupled with the rising transaction volume, reflects growing investor confidence, particularly in the hotel and tourism sector.
