NEPSE index inches up by 7 points, Hydropower & Dev. banks lead surge

KATHMANDU: The Nepal Stock Exchange (NEPSE) index rose by 7.01 points on Tuesday, closing at 2,696.23.

According to NEPSE, a total of 329 companies saw the trading of 16.6 million shares through 64,360 transactions, reaching a total turnover of Rs. 7.26 billion.

Sectoral Highlights:

• The hydropower sector led the gains with a rise of 1.63%, followed by the development bank sector which increased by 1.11%.

• Other advancing sectors include:

  • Banking: +0.39%

  • Non-life insurance: +0.55%

  • Mutual funds: +0.36%

  • Life insurance: +0.05%

  • Trading: +0.11%

Declining Sectors:

• Finance: -0.67%

• Hotels & tourism: -0.16%

• Investment: -0.35%

• Manufacturing & processing: -0.16%

• Microfinance: -0.06%

• Others: -1.07%

Top Gainers:

• Corporate Development Bank Ltd. and Balefi Hydropower Ltd. hit the positive circuit limit, posting the maximum allowed gain in a trading day.

Biggest Loser:

• Gurans Laghubitta Bittiya Sanstha Ltd. saw the sharpest decline, dropping 6.81%.

Most Active Stock:

• Ngadi Group Power Ltd. topped both in turnover and trading volume, with 1.95 million shares exchanged, totaling Rs. 594.1 million in value.

NEPSE’s performance today reflects selective investor interest, with energy and development banking sectors drawing the spotlight.