Nepse plunges by 5. 03 points on Wednesday
The Nepal Stock Exchange (NEPSE) plunged by 5. 03 points to close at 2, 609. 03 points on Wednesday.
Similarly, the sensitive index dropped by 0. 86 points to close at 446. 18 points.
A total of 8,647,948-unit shares of 329 companies were traded for Rs 3. 73 billion.
Meanwhile, Swastik Laghubitta Bittiya Sanstha Limited (SWASTIK) and Muktinath Krishi Company Limited (MKCL) were the top gainers today with its price surging by 10. 00 percent.
Likewise, Jhapa Energy Limited (JHAPA) was the top loser as its price fell by 9. 30 percent.
At the end of the day, the total market capitalization stood at Rs 1. 47 trillion.
Gold price increases by Rs 200 per tola on Wednesday
The price of gold has increased by Rs 200 per tola in the domestic market on Wednesday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 252, 100 per tola today.
Similarly, the silver is being traded at Rs 3, 600 per tola.
Nepse surges by 7. 39 points on Tuesday
The Nepal Stock Exchange (NEPSE) gained 7. 39 points to close at 2, 614. 07 points on Tuesday.
Similarly, the sensitive index surged by 0. 30 points to close at 447. 05 points.
A total of 8,742,084-unit shares of 331 companies were traded for Rs 3. 75 billion.
Meanwhile, Swastik Laghubitta Bittiya Sanstha Limited (SWASTIK) was the top gainer today, with its price surging by 10. 00 percent.
Likewise, Him Star Urja Company Limited (HIMSTAR) was the top loser as its price fell by 3. 88 percent.
At the end of the day, total market capitalization stood at Rs 1. 48 trillion.
Nepse snaps six-day losing run, closes 7.39 points higher
Investors finally breathed a sigh of relief, as the Nepal Stock Exchange (Nepse) index ended a six-day losing streak on Tuesday. The benchmark index climbed 7.39 points to close at 2,614.07 points.
The recovery comes as a welcome respite for the secondary market, which had been in a downward spiral after its five-day winning run came to a halt on November 30. Over the subsequent six trading sessions, the index shed a total of 69.35 points.
The index opened in green territory on Tuesday and quickly hit an intra-day high of 2,620.47 points. The gain, however, was short-lived as selling pressure dragged the market down, sparking fears that the bearish momentum would persist. Just as the market seemed poised for another session in the red, a sudden spike toward the closing minutes of the session pushed the index back into positive territory.
Despite the recovery in the index, total turnover shrank to Rs 3.75 billion, a significant drop from Monday’s Rs 4.61 billion. This figure represents the lowest daily turnover since November 19, when securities worth Rs 3.73 billion were traded on the bourse. The low turnover indicates a lack of strong conviction in the secondary market, as many investors likely remained on the sidelines, waiting for clearer trends before committing fresh capital.
By the close of the session, unit prices of 148 scrips had advanced, while 101 declined and nine remained unchanged. Sector-wise, the performance was mixed but generally positive. Of the 13 sub-indices, nine ended the day in the green, while four posted nominal losses. The Hotels and Tourism sector led the recovery, advancing by 0.88%, signaling renewed interest in hospitality stocks. On the other hand, the Non-Life Insurance sector recorded the biggest slide of 0.17%.
Ngadi Group Power Ltd topped the turnover charts with Rs 319.2 million worth of shares traded. Laxmi Sunrise Bank and Radhi Bidyut Company Ltd were next with turnovers of Rs 111.48 million and Rs 99.12 million. A total of 8.74 million units were traded through 62,665 transactions.
Although the benchmark index has snapped its losing streak, the shrinking volume suggests that the market has yet to find a solid footing for a sustained rally.
