Kathmandu, January 1
The stock market gained 5.10 points on Wednesday, with the NEPSE index reaching 2,581 points.
Despite the index rise, trading volume declined to Rs 3.59 billion from Rs 5.67 billion the previous day. Out of the total listed companies, prices of 150 increased, 88 declined, and 4 remained unchanged. The banking sector experienced the highest decline of 0.72%, limiting overall market growth.
The finance sector regained investor interest, increasing by 3.87% after a 5% drop the previous day. Development banks rose by 1.68%, hotels and tourism by 0.95%, hydropower by 1.24%, manufacturing by 0.25%, investment by 0.09%, non-life insurance by 0.22%, and trading by 0.63%. In contrast, life insurance dropped by 0.06%, microfinance by 0.16%, and the “others” group by 0.41%.
Trishuli Hydropower saw its price increase by 10%, followed by Aatmanirbhar Laghubitta at 9.9%, Supermadi Hydropower at 9.8%, and Corporate Development Bank at 9.36%. Joshi Hydropower gained 9.2%, Narayani Development Bank 8%, and Multipurpose Finance 7.2%. The largest loser was Support Microfinance, whose price fell by 10%, while other declining companies saw losses below 5%.
In terms of trading volume, NRN Infrastructure, Janaki Finance, Trishuli Hydropower, Prabhu Bank, and Nepal Finance led the market.
