Kathmandu, January 8
The stock market witnessed a rise in both the NEPSE index and trading volume on Wednesday. Compared to the previous day, the NEPSE index increased by 6.53 points, closing at 2,653 points. The total trading volume surged from Rs 5.38 billion to Rs 6.40 billion.
The share prices of 139 companies rose, while 95 declined, and 8 remained unchanged. Investors continued to show strong interest in finance companies and development banks, which saw the highest growth, with finance sector shares increasing by 4.77 per cent and development banks by 2.53 per cent.
Microfinance gained 1.59 per cent, manufacturing and life insurance sectors rose by 0.40 per cent, and hydropower by 0.26 per cent. However, banking and hotels & tourism sectors fell by 0.26 per cent and 0.06 per cent, respectively. The investment sector declined by 0.38 per cnet, non-life insurance by 0.13 per cent, others by 0.26 per cent, and the trading sector dropped by 1.56 per cent.
Among top gainers, the prices of Samriddhi Finance and Sindhu Development Bank surged by 10 per cent. Similarly, Chirkhwa Hydropower rose by 9.8 per cent, Saptakoshi Development Bank by 9.7 per cent, Nyadi Hydropower by 9.33 per cent, Atmanirbhar Microfinance by 7.45 per cent, Reliance Finance by 7.2 per cent, and Green Development Bank by 6.9 per cent.
Conversely, Samudayik Laghubitta saw its price fall by 10 per cent, followed by Barahi Hydropower at 9.6 per cent and Trishuli Hydropower at 6.1 per cent.
In terms of trading volume, Nyadi Hydropower, Sindhu Development Bank, Supermadi Hydropower, NRN Infrastructure, and Nepal Finance were the top performers.
