Nepse plunges by 7. 15 points on Thursday
The Nepal Stock Exchange (NEPSE) plunged by 7. 15 points to close at 2,657.32 points on Thursday.
Similarly, the sensitive index dropped by 1. 52 points to close at 454. 56 points.
A total of 28,607,685-unit shares of 311 companies were traded for Rs 12. 51 billion.
Meanwhile, Pure Energy Limited (PURE) was the top gainer today with its price surging by 9. 99 percent. Likewise, Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) was the top loser with its price dropped by 10. 00 percent.
At the end of the day, the total market capitalization stood at Rs 4. 42 trillion.
IMF, Nepal reach deal on sixth ECF review
An International Monetary Fund (IMF) team led by Sarwat Jahan concluded a two-week visit to Nepal on June 10, reaching a staff-level agreement with Nepali authorities on the policies and reforms needed to complete the sixth review under the Extended Credit Facility (ECF).
The agreement, which remains subject to approval by the IMF’s Executive Board, would unlock approximately $42.7m in financial assistance. This will bring Nepal’s total disbursement under the ECF to about $331.8m out of an approved $394.75m.
In a statement at the end of the mission, Jahan noted that Nepal has made “satisfactory” progress on its ECF-supported reform agenda, despite some delays in child welfare grant targets. Key completed or near-complete reforms include the finalization of a tax expenditure report, revised National Project Bank guidelines, and a roadmap following a Loan Portfolio Review (LPR). Progress has also been made on amending the Nepal Rastra Bank (NRB) Act, incorporating recommendations from previous IMF assessments.
The IMF mission observed that Nepal’s economy is gradually recovering, supported by improvements in construction, manufacturing, hydropower, and agriculture. GDP growth for 2024/25 is projected to exceed four percent, while inflation eased to 3.4 percent in April following a post-flood spike. The country’s external position has strengthened thanks to rising exports, remittances, and tourism.
However, financial sector vulnerabilities persist. Non-performing loans (NPLs) rose to 5.2 percent in April 2025, impacting bank capital, and concerns remain about the health of savings and credit cooperatives (SACCOs).
Looking ahead, the IMF projects stronger growth in 2025/26 with inflation likely to remain within the central bank’s target range. Yet risks—including weak capital project execution, global uncertainties, and policy disruptions—remain.
The upcoming fiscal year’s budget is broadly aligned with IMF goals to ensure fiscal discipline, boost capital spending, promote private investment, and expand social programs such as the public school midday meal initiative.
The IMF emphasized the need for a cautious approach to establishing an Asset Management Company and highlighted the importance of strengthening the insolvency framework and debt recovery systems. It also praised Nepal’s progress on improving its legal framework for anti-money laundering and counter-terrorism financing.
During the visit, the IMF team held meetings with Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel, National Planning Commission Vice-chairperson Shiva Raj Adhikari, Nepal Rastra Bank Governor Biswo Poudel, and other high-level officials, as well as stakeholders from the private sector and development partners. “We are grateful to the Nepali authorities for their hospitality and for open and constructive discussions,” Jahan concluded.
Gold price increases by Rs 1, 600 per tola on Thursday
The price of gold has increased by Rs 1, 600 per tola in the domestic market on Thursday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 192, 900 per tola today. It was traded at Rs 191, 300 per tola on Wednesday.
Similarly, the silver is being traded at Rs 2, 150 per tola today.
Nepse plunges by 13. 28 points on Wednesday
The Nepal Stock Exchange (NEPSE) plunged by 13. 28 points to close at 2, 664. 48 points on Wednesday.
The sensitive index dropped by 0. 05 points to close at 456. 72 points.
A total of 22,075,769-unit shares of 307 companies were traded for Rs 9. 90 billion.
Meanwhile, Butwal Power Company Limited (BPCL), Pure Energy Limited (PURE) and Synergy Power Development Ltd were the top gainers today with their price surging by 9. 99 percent.
Likewise, Saptakoshi Development Bank Ltd (SAPDBL) was the top loser as its price fell by 5. 89 percent.
At the end of the day, the total market capitalization stood at Rs 4. 43 trillion.
