Nepse plunges by 12. 38 points on Thursday
The Nepal Stock Exchange (NEPSE) plunged by 12. 38 points to close at 2,669.76 points on Thursday.
Similarly, the sensitive index dropped by 1. 97 points to close at 447. 94 points.
A total of 9,599,343-unit shares of 312 companies were traded for Rs 4. 56 billion.
Meanwhile, Dolti Power Company Limited (DOLTI) was the top gainer today with its price surging by 7. 53 percent. Likewise, Mithila LaghuBitta Bittiya Sanstha Limited (MLBBL) and Bhugol Energy Development Company Limited (BEDC) were the top losers as their price fell by 10. 00 percent.
At the end of the day, the total market capitalization stood at Rs 4. 43 trillion.
Gold being traded at Rs 176, 000 per tola on Thursday
The gold is being traded at Rs 176, 000 per tola in the domestic market on Thursday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of silver, however, has dropped by Rs 10 and is being traded at Rs 2, 030 per tola today.
Nepse plunges by 14. 88 points on Wednesday
The Nepal Stock Exchange (NEPSE) plunged by 14. 88 points to close at 2, 682. 15 points on Wednesday.
Similarly, the sensitive index dropped by 2. 96 points to close at 449. 92 points.
A total of 9,583,829-unit shares of 311 companies were traded for Rs 5. 14 billion.
Meanwhile, Mithila LaghuBitta Bittiya Sanstha Limited (MLBBL) was the top gainer today with its price surging by 9. 39 percent. Likewise, Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) was the top loser as its price fell by 9. 20 percent.
At the end of the day, the total market capitalization stood at Rs 4. 45 trillion.
Bank lending up by 6.12 percent to Rs 4,851bn in eight months
Total lending by commercial banks during the first eight months of the fiscal year 2024/25 has increased by 6.12 percent, reaching Rs 4,851bn, according to the Nepal Bankers’ Association (NBA).
This growth reflects a gradual recovery in economic activities and an uptick in demand for credit from businesses and individuals. The 20 commercial banks operating in the country collectively disbursed an additional Rs 280bn in loans between mid-July 2024 and mid-March 2025.
The NBA’s data reveals that the highest credit disbursement occurred in the month of Poush (mid-December to mid-January), with banks lending Rs 94bn. This was followed by Rs 56bn in Ashwin (mid-September to mid-October), Rs 53bn in Bhadra (mid-August to mid-September), and Rs 42bn in Mangsir (mid-November to mid-December).
However, not all banks experienced growth in loan disbursement. Global IME Bank, Kumari Bank, NIC Asia Bank, Siddhartha Bank, and Standard Chartered Bank reported a decline in their loan portfolios compared to the previous month. For instance, Global IME Bank’s total credit disbursement dropped by Rs 1.51bn, bringing its total loan investment to Rs 429bn. Similarly, Kumari Bank’s loan investment decreased by Rs 480 million to Rs 301.09bn, while NIC Asia Bank saw a reduction from Rs 252.45bn to Rs 242.9bn over the same period.
The government has set an ambitious target of increasing credit disbursement by 12.5 percent in the current fiscal year. However, the data from the first eight months suggests that achieving this target may be difficult. The slow growth in credit disbursement, coupled with economic uncertainties, has raised concerns among stakeholders about the banking sector’s ability to meet the government's expectations.
On the other hand, total deposits in commercial banks grew by 4.9 percent to Rs 6,037bn during the eight-month period, up from Rs 5,755bn in mid-July 2024. Over this period, commercial banks added Rs 282bn in deposits, with the highest increase of Rs 133bn recorded in Ashwin (mid-September to mid-October). Other notable increases included Rs 73bn in Bhadra (mid-August to mid-September), Rs 51bn in Poush (mid-December to mid-January), Rs 40bn in Falgun (mid-February to mid-March), and Rs 33bn in Mangsir (mid-November to mid-December).
