Nepal Stock Market,NEPSE Index ended the week with a slight drop. The Nepse index fell by 2.35 points or 0.08%, closing at 2,652. Meanwhile, the sensitive index, which tracks strong and leading companies, rose slightly by 0.02% to 459.28 points.
A total of 327 companies were traded today, with more than 7.95 million shares changing hands. The total value of shares traded was over NPR 326 crore. Nepal Reinsurance Company recorded the highest trading volume, with shares worth more than NPR 30.9 crore. Other actively traded companies included Union Hydro (NPR 18.34 crore), Himalayan Reinsurance (NPR 11.38 crore), and Kalika Power (NPR 7.34 crore).
Which sectors gained today?
The Sensitive Index, which tracks leading companies, inched up by 0.02% to 459.28 points. Among 13 major groups listed on Nepse, only four closed in green.
- The Trading group led gains, rising 1.36%.
- Other winners included Mutual Funds (+0.50%), Investment (+0.21%), and Banking (+0.12%).
Who lost the most?
On the downside, several sectors dipped:
- Hotels fell the most at 1.49%.
- Development Banks (-0.44%), Finance (-0.50%), Hydro (-0.04%), Life Insurance (-0.02%), Manufacturing & Processing (-0.63%), Microfinance (-0.09%), Non-Life Insurance (-0.39%), and Others (-0.49%) also saw losses.
Which companies made the biggest gains?
Only a few companies hit upper circuit limits today.
- Himstar Urja shares jumped 10%.
- Kalika Power (+6.72%), Gurans Microfinance (+6.29%), and Green Life Hydro (+5.62%) also posted strong gains.
Which companies faced losses?
Investors in City Hotels suffered the most, losing 7.55%. Narayani Development (-5.85%) and Samata Domestic Microfinance (-4.74%) also saw declines.
Experts say the market is currently in a festive mood, which may have caused the small drop today. Ghanshyam Pandey, president of the Nepal Shareholders’ Association, expects the market to improve after Dashain due to government spending cuts, better liquidity, and a proactive approach by the finance ministry. Analyst Upendra Pathak adds that investors are waiting for the suggestions from the Capital Market Reform Task Force. The market’s future movement will depend on how these suggestions are implemented.
