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The Nepal Stock Exchange (NEPSE) plunged by 20. 76 points to close at 2,005. 83 points on Thursday.

Similarly, the sensitive index dropped by 3. 49 points to close at 359. 57 points.

A total of 9, 518,075-unit shares of 309 companies were traded for Rs 3. 20 billion.

Meanwhile, Samaj Laghubittya Bittiya Sanstha Limited (SAMAJ) was the top gainer today with its price surging by 10. 00 percent.

Likewise, Himalaya Urja Bikas Company Limited (HURJA) was the top loser as it's price fell by 7. 60 percent.

At the end of the day, the total market capitalization stood at Rs 3. 15 trillion.

The Nepal Stock Exchange (NEPSE) gained 10. 37 points to close at 2,094.4 6 points on Sunday.

Similarly, the sensitive index surged by 0. 73 points to close at 380. 20 points.

A total of 10,751,164-unit shares of 306 companies were traded for Rs 3. 83 billion.

Meanwhile, Mid Solu Hydropower Limited and Mathillo Mailun Khola Jalvidhyut Limited were the top gainers today, with their price surging by 10. 00 percent.

Likewise, Chandragiri Hills Limited was the top loser as its price fell by 9. 86 percent.

At the end of the day, total market capitalization stood at Rs 3. 28 trillion.

The Nepal Stock Exchange (NEPSE) gained 20. 62 points to close at 2,080. 12 points on Tuesday.

Similarly, the sensitive index surged by 5. 64 points to close at 382. 92 points.

A total of 17,949,562-unit shares of 309 companies were traded for Rs 6. 11 billion.

Meanwhile, Karnali Development Bank Limited (KRBL), Sindhu Bikash Bank Ltd (SINDU), Kalika Laghubitta Bittiya Sanstha Ltd (KMCDB), Saptakoshi Development Bank Ltd (SAPDBL) and Upper Syange Hydropower Limited (USHL)​​​​​​​ were the top gainers today, with their price surging by 10. 00 percent.

Likewise, Dhaulagiri Laghubitta Bittiya Sanstha Limited (DLBS)​​​​​​​was the top loser as its price fell by 8. 19 percent.

At the end of the day, total market capitalization stood at Rs 1. 12 trillion.

The Nepal Stock Exchange (NEPSE) plunged by 17. 23 points to close at 2,070.84 points on Wednesday.

Similarly, the sensitive index dropped by 4. 25 points to close at 387. 07 points.

A total of 14 ,337,738-unit shares of 307 companies were traded for Rs 5. 24 billion.

Meanwhile, Nepal Insurance Co. Ltd., Infinity Laghubitta Bittiya Sanstha Limited (ILBS), Manakamana Engineering Hydropower Limited (MEHL) and Chirkhwa Hydropower Limited (CKHL)were the top gainers today with their price surging by 10. 00 percent.

Likewise, BPW Laghubitta Bittiya Sanstha Limited (BPW)the top losers as their price fell by 10. 00 percent.

At the end of the day, the total market capitalization stood at Rs 3. 21 trillion.

The Nepal Stock Exchange (NEPSE) gained 18. 45points to close at 2,022. 91 points on Tuesday.

Similarly, the sensitive index surged by 2.56 points to close at 386. 24 points.

A total of 8,704,477-unit shares of 286 companies were traded for Rs 2. 09 billion.

Meanwhile, Menchhiyam Hydropower Limited and Manakamana Engineering Hydropower Limited​​​​​​​were the top gaines today, with its price surging by 10. 00 percent. Likewise,
Himalayan Laghubitta Bittiya Sanstha Limited was the top loser as its price fell by 5.87 percent.

At the end of the day, total market capitalization stood at Rs 1. 08 trillion.

The Nepal Stock Exchange (NEPSE) gained 16.24 points to close at 1,985.43 points on Tuesday.

Similarly, the sensitive index surged by 2.43 points to close at 381. 17 points.

A total of 4,336,583-unit shares of 272 companies were traded for Rs 1. 17 billion.

Meanwhile, Shuvam Power Limited was the top gainer today, with its price surging by 10. 00 percent. Likewise, Emerging Nepal Limited was the top loser as its price fell by 8.00 percent.

At the end of the day, total market capitalization stood at Rs 2. 99 trillion.

The Nepal Stock Exchange (NEPSE) plunged by 19. 42 points to close at 1,967.57 points on Tuesday.

Similarly, the sensitive index dropped by 2. 50 points to close at 379. 14 points.

A total of 3,916,161-unit shares of 276 companies were traded for Rs 1. 13 billion.

Meanwhile, Shuvam Power Limited was the top gainer today with its price surging by 9. 99 percent. Likewise, Three Star Hydropower Limited was the top loser as its price dropped by 10. 00 percent.

At the end of the day, the total market capitalization stood at Rs 2. 94 trillion.

The Nepal Stock Exchange (NEPSE) gained 44.30 points to close at 1,986.99 points on Monday.

Similarly, the sensitive index surged by 7.73 points to close at 381. 64 points.

A total of 4,742,511-unit shares of 278 companies were traded for Rs 1. 51 billion.

Meanwhile, Three Star Hydropower Limited was the top gainer today, with its price surging by 9. 98 percent. Similarly, Siddhartha Investment Growth Scheme – 2 was the top loser as its price fell by 7.43 percent.

At the end of the day, total market capitalization stood at Rs 2. 97 trillion.

Nepal Stock Exchange (Nepse) is gearing up to launch the new stock trading index ‘Nepse 30’ within a month. After completing the necessary technical and policy preparations, the Nepse plans to bring ‘Nepse 30’ into operation by the first week of October.

The ‘Nepse 30’ index is currently being tested internally. The test, which started on July 25, has shown that the ‘Nepse 30’ index can be operated. According to Nepse officials, an official announcement on it will be made soon. 

The procedure prepared for the operation of ‘Nepse 30’ has been submitted to the Nepse board for approval. The upcoming board meeting of the Nepse is likely to endorse it, paving the way for the operation of the ‘Nepse 30’ index.

Nepse Spokesperson Murahari Parajuli said that the related procedure has already reached the Nepse board. “The upcoming meeting of the board will discuss the procedure,” he said, “After the approval of the board, the ‘Nepse 30’ index will come into operation.”

According to Parajuli, Nepse has also completed technical preparations including the IT system required to operate the ‘Nepse 30’ index. Currently, a trial is being carried out internally selecting a few companies. 

Nepse has envisioned Nepse 30 as an index based on the share trading of 30 selected companies. The new index will comprise the top 30 companies that meet the criteria set by Nepse among all the listed companies.

However, Nepse 30 will not be a separate index. At present, there are 13 sub-indices in Nepse alongside sensitive, float, and sensitive float indices.  According to Nepse, companies from six sectors including banks and financial institutions, microfinance, insurance, hydropower, manufacturing, and trade and services will be included in the Nepse 30 index. Each of these sectors will have a minimum of one company to a maximum of eight companies in the index.

Companies having profits in the last three years, having earnings per share of more than 10 percent of the paid-up capital, and having earnings per share higher than the inflation will be eligible for the ‘Nepse 30’. Similarly, the companies are also required to have issued at least 25 percent of the shares to the general public and have at least 20,000 shareholders.

Similarly, companies’ average daily turnover in the last six months should be at least 2.5m, and their average daily share trading of 5,000 units. 

The Nepse has said that it is introducing ‘Nepse 30’ with the aim of developing, operating, and managing indices to strengthen secondary market transactions. 

The ‘Nepse 30’ index will be implemented as an index based on market capitalization including immediately tradable (free float) shares.

Nepse had previously prepared to bring the ‘Nepse 50’ index. However, it went for the ‘Nepse 30’ arguing that there could be problems in managing 50 companies. 

The Nepal Stock Exchange (NEPSE) gained 7.04 points to close at 1,967.83 points on Monday.

Similarly, the sensitive index surged by 1.09 points to close at 377. 71 points.

A total of 3,432,267-unit shares of 270 companies were traded for Rs 1. 09 billion.

Meanwhile, Three Star Hydropower Limited was the top gainer today, with its price surging by 10. 00 percent. Likewise, Liberty Energy Company Limited was the top loser as its price fell by 9.98 percent.

At the end of the day, total market capitalization stood at Rs 2. 94 trillion.  

The Nepal Stock Exchange (NEPSE) plunged by 2. 82 points to close at 1,990.59 points on Wednesday.

Similarly, the sensitive index dropped by 1. 13 points to close at 381. 171 points.

A total of 3,803,244-unit shares of 276 companies were traded for Rs 1. 13 billion.

Meanwhile, City Hotel Limited was the top gainer today with its price surging by 9. 88 percent. Likewise, Siddhartha Equity Fund was the top loser as its price fell by 7. 94 percent.

At the end of the day, the total market capitalization stood at Rs 2. 97 trillion.  

The Nepal Stock Exchange (NEPSE) plunged by 5. 05 points to close at 1,993.42 points on Tuesday.

Similarly, the sensitive index dropped by 0. 71 points to close at 382. 85 points.

A total of 4,006,739-unit shares of 278 companies were traded for Rs 865 billion.

Meanwhile, Kutheli Bukhari Small Hydropower Limited is the top gainer today with its price surging by 10. 00 percent. Likewise, Swabhimaan Laghubitta Bittiya Sanstha Limited was the top loser as its price fell by 4. 83 percent.

At the end of the day, the total market capitalization stood at Rs 2. 98 trillion.

The Nepal Stock Exchange (NEPSE) gained 5.09 points to close at 1,998.48 points on Monday.

Similarly, the sensitive index surged by 1.45 points to close at 383. 56 points.

 A total of 3,670,731-unit shares of 279 companies were traded for Rs 998 billion.

Meanwhile, Kutheli Bukhari Small Hydropower Limited was the top gainer today, with its price surging by 10. 00 percent. Similarly, Swabhimaan Laghubitta Bittiya Sanstha Limited was the top loser as its price fell by 4.38 percent.

At the end of the day, total market capitalization stood at Rs 2. 99 trillion.

The Nepal Stock Exchange (NEPSE) plunged by 31. 52 points to close at 2,013.93 points on Thursday.

Similarly, the sensitive index dropped by 4. 72 points to close at 385. 56 points.

A total of 4,657,137-unit shares of 275 companies were traded for Rs 1. 55 billion.

Meanwhile, Kutheli Bukhari Small Hydropower Limited was the top gainer today with its price surging by 9. 99 percent. Likewise, Molung Hydropower Company Limited was the top loser as its price fell by 8. 54 percent.

At the end of the day, the total market capitalization stood at Rs 3. 01 trillion.

The business of hospitality companies listed on the Nepal Stock Exchange (Nepse), which has slowed down due to the Covid-19 pandemic, has bounced back strongly in the last fiscal year. The last quarter report of six hospitality companies listed in the Nepal Stock Exchange (Nepse) shows star hotels' revenue as well as profit, both increased in 2022/23.

With the Covid-19 pandemic slowing down, tourist arrivals in Nepal hit a three-year high in 2022 as the country welcomed 614,148 foreign visitors. The number of foreign visitors entering Nepal grew by 306.82 percent in 2022, putting an end to a two-year downward spiral that started in early 2020 when the coronavirus outbreak wreaked havoc across the world.

Along with the growth in the arrival of foreign tourists, the five-star hotels saw their business booming due to the surge in social events, and conventions. As of now, there are six hospitality companies listed in the Nepse, of which four are five-star hotels. Soaltee Hotel Limited, Taragaun Regency Hotels Ltd, Oriental Hotel Ltd, City Hotels Ltd, Chandragiri Hills Ltd, and Kalinchowk Darshan Ltd are listed in the Nepse.

Soaltee Hotel Limited posted a profit of 545.15m in the last fiscal year compared to a profit of Rs 297.24m in 2021/22. The country’s oldest five-star properties, Soaltee Hotel saw a 64.28 percent growth in its business in the last fiscal year. The hotel’s revenue rose to Rs 2.24bn in 2022/23 from Rs 1.36bn in 2021/22.

Orients Hotel Ltd which runs a five-star property Radisson recorded a profit of Rs 178.43m in FY 2022/23 compared to a loss of Rs 24.6m in 2021/22. Oriental Hotel also had robust revenue growth. The hotel’s income grew to Rs 1.09bn in 2022/23 from Rs 570.24m in 2021/22.

Taragaon Regency Hotels Limited, which operates the Hyatt Regency Hotel has done a profit of Rs 382.64m in 2022/23 compared to a profit of Rs 190.55m in 2021/22. Taragaon Regency Hotel’s revenue jumped by 99 percent in the last fiscal year as it recorded a business of Rs 1.38bn from Rs 692.62m in 2021/22.

Similarly, Chandragiri Hills, which operates a cable car and a five-star luxury resort in Kathmandu, has recorded a profit of Rs 151.16m in FY 2022/23 compared to a profit of 16.86m in 2021/22. Kalinchowk Darshan Ltd has made a profit of Rs 31.9m in the last fiscal year compared to a profit of Rs 14.84m in 2021/22.

However, City Hotel Ltd which runs Hyatt Place Hotel in Kathmandu recorded a loss of Rs 273.63m in 2022/23 compared to a loss of Rs 44.68m in FY 2021/22.

Chandragiri Hills General Manager (GM) Sanjeev Thapa said that the tourism business is increasing due to the healthy growth in tourist arrivals. “After the Covid-19 pandemic, the movement of local and foreign tourists is increasing in Nepal. As there have been no such ups and downs in the international market, foreign tourists’ arrival is also improving,” he said.

According to Thapa, Chandragiri Hills has been operating its cable car till 9.30 pm to facilitate tourists who want to experience the night view of Kathmandu “In addition to this, special packages have also been introduced which has helped the business flourish,” said Thapa.

With the easing of travel restrictions and China reponing outbound travel for its citizens, Nepali tourism entrepreneurs are pinning high hopes for 2023.

The number of tourist arrivals in the country has reached 534,207 in the first seven months of 2023. The tourist arrival has surged by 87.2 percent in the first seven months of 2023 compared to the same period in 2022.

While tourist arrivals have improved significantly compared to the last three years, the number is yet to touch the pre-Covid level. Nepal received 632,469 tourists in the first seven months of 2019. The arrival of foreigners in the first seven months of 2023 is 84.46 percent compared to the same period in 2019.

While the hotel sector is getting more visitors, their spending as well as average stay in Nepal has plummeted to a three-year low. According to the ‘Nepal Tourism Statistics-2022’ published by the Ministry of Culture, Tourism, and Civil Aviation, the average stay of tourists has dropped to 13.1 days in 2022. The average length of stay in 2021 was 15.5 days, a ten-year high. With tourists shortening their stay in Nepal, their spending too declined in 2022. The average daily spending of tourists declined to $40 per day, down from $48 per day in 2021.

The Nepal Stock Exchange (NEPSE) gained 29.47 points to close at 2,045.45 points on Wednesday.

Similarly, the sensitive index surged by 4.30 points to close at 390. 28 points.

A total of 4,237,069-unit shares of 273 companies were traded for Rs 1. 51 billion.

Meanwhile, Kutheli Bukhari Small Hydropower Limited was the top gainer today, with its price surging by 9. 99 percent.

Likewise, Citizens Super 30 Mutual Fund was the top loser as its price fell by 7.42 percent.

At the end of the day, total market capitalization stood at Rs 3. 06 trillion.