Nepal Stock Market, NEPSE continued to rise on Thursday, the last trading day of the week. The NEPSE index climbed by another 10.43 points and reached 2676, compared to the previous day.
This week, the market went up on every single trading day. NEPSE, which was at 2560 points last week, has gained a total of 116 points in just one week.
However, today’s trading amount saw a small drop. Thursday’s turnover stood at NPR 6.66 billion, slightly lower than Wednesday’s NPR 6.69 billion.
A total of 131 company share prices increased, while 121 fell, and 6 remained unchanged. The banking sector saw the highest rise with a gain of 1.47%.
Other sectors also increased: development banks rose 0.17%, hotels and tourism 0.33%, hydropower 0.01%, investment 0.72%, life insurance 0.14%, and non-life insurance 0.08%.
Meanwhile, trade fell by 0.14%, others by 0.05%, manufacturing and processing by 0.26%, microfinance by 0.35%, and finance by 0.38%.
Four companies saw their stock prices jump by the full 10% limit: Sagar Distillery, Swastik Laghubitta, Jhapa Energy, and Srinagar Agritech.
NRN Infrastructure dropped by 9.62%, and Himal Dolakha Hydropower fell by 5.81%.
Himstar Energy and First Microfinance were the biggest losers today, each falling by 7.78%. Mahuli Laghubitta dropped by 4.16%, and Joshi Hydropower slid 3.61%.
The five companies with the highest trading activity today were NRN Infrastructure, Ngadi Group, Himalayan Reinsurance, CEDB Holdings, and United Modi Hydropower.
