NEPSE Rebounds After Four-Day Decline, Index Gains 8.78 Points
After four consecutive days of decline, the Nepal stock market recovered on Tuesday as the NEPSE index rose by 8.78 points, supported by gains in key sectors including banking and hydropower.
The Nepal Stock Exchange (NEPSE) witnessed a recovery on Tuesday after falling for four straight trading sessions. The benchmark index rose by 8.78 points, closing at 2,712.86.
A total of 335 listed companies were traded during the session. Among them, 162 companies saw their share prices increase, while 90 recorded a decline.
The total turnover stood at NPR 3.439 billion, with 7.734 million shares traded. The transaction value dropped by 19% compared to the previous trading day.
Most major sectors including commercial banks, hydropower, investment, life insurance, manufacturing and processing, mutual funds, and others ended in positive territory. However, development banks, finance companies, hotels and tourism, microfinance, non-life insurance, and trading groups faced declines.
Top gainers included Upper Lohorekhola Hydropower Company, Solu Hydropower, and Dhaulagiri Laghubitta Financial Institution. On the other hand, Forward Microfinance Laghubitta Financial Institution, Super Khudi Hydropower, and Rawa Energy Development Limited were among the biggest losers.