Nepal’s stock market, NEPSE fell sharply when it reopened after Dashain. The NEPSE index dropped by 2.19 percent, losing 58.55 points to close at 2,604.96. The sensitive index, which measures strong and stable companies, also fell by 1.70 percent to 454.62 points.
A total of 326 companies were traded today, with more than 13.4 million shares exchanged. The total value of shares traded exceeded NPR 462 crore. Despite this high trading volume, most companies ended the day in the red.
Market experts say natural disasters were a major reason for the drop. Damodar Gajurel explained that news of damage in the hydropower sector caused heavy selling. He believes that if regulators provide clear information about the actual losses, the market could recover.
Political uncertainty also affected the market. Govinda Prasad Ghimire said investors were expecting recent protests to be over, but rumors of new protests shook confidence. This led many investors to adopt a wait-and-see approach, which contributed to the market decline.
All sectors listed on NEPSE closed lower today.
| Sector | Change (%) |
|---|---|
| Other | -4.83 |
| Banking | -1.32 |
| Development Banks | -2.38 |
| Finance | -1.12 |
| Hotels | -2.72 |
| Hydropower | -2.74 |
| Investment | -1.91 |
| Life Insurance | -1.86 |
| Manufacturing & Processing | -1.85 |
| Microfinance | -1.87 |
| Mutual Funds | -0.88 |
| Non-life Insurance | -2.04 |
| Trading | -1.17 |
| Company | Trading Volume (NPR crore) |
|---|---|
| Union Hydropower | 28.31 |
| Nepal Reinsurance | 19.45 |
| Himalayan Reinsurance | 12.61 |
| Shivam Cement | 12.23 |
| Synergy Power | 11.99 |
Some companies still recorded gains. Sikles Hydropower shares rose 7.72%, Tristar Hydropower increased 6.60%, and Synergy Power went up 2.96%.
Investors in Geographical Energy suffered the largest losses, with shares falling 9.99%. Nepal Reinsurance dropped 8.57%, Upper Mailung Khola fell 7.21%, and Panchakanya Mai Hydropower lost 6.87%.
Today’s trading shows that even with high activity, natural disasters and political uncertainty can quickly affect investor confidence and push the market downward.
