NEPSE gains for five straight days, closes at 2,676 points

KATHMANDU: The Nepal Stock Exchange (NEPSE) recorded a strong upward trend throughout the trading week, with the benchmark index rising for all five consecutive days.

From Sunday to Thursday, the overall market index climbed by more than four points to close at 2,676.03.

According to NEPSE, investors traded 62,999,604 shares worth Rs 32.17 billion over the week.

Except for Tuesday, daily transaction amounts remained above Rs 6 billion, while Tuesday’s turnover stood at Rs 5 billion.

Sunday: Strong Opening to the Week

On the first trading day, NEPSE surged 39.92 points to reach 2,600.22.

A total of 12,376,471 shares worth Rs 6.19 billion changed hands.

Most sub-indices increased except for the mutual fund group. Shares of Sagar Distillery, Bandipur Cable Car, and Jhapa Energy hit positive circuit limits. Meanwhile, Peoples Hydropower Company Ltd. plunged 7.56%, becoming the top loser of the day.

Monday: Market Extends Rally

The index gained another 50.44 points, closing at 2,650.66.

Turnover reached Rs 6.98 billion, with trades of 13.17 million shares.

Nepal Life Insurance topped the turnover chart with transactions worth Rs 248.15 million.

Jhapa Energy again hit the 10% positive circuit, while investors in Sagar Distillery, Bandipur Cable Car, Swastik Laghubitta, and Srinagar Agro-Tech earned over 9%. Mabilung Energy Ltd. slipped 4.44%.

Tuesday: Index Rises Slightly

NEPSE added 5.32 points to close at 2,655.99.

Turnover, however, dropped to Rs 5.77 billion with 11.39 million shares traded.

Sub-indices of Development Bank, Life Insurance, Mutual Fund, and Trading declined, while others moved upward. The Hotel and Tourism group rose the most by 1.41%.

Bandipur Cable Car led the day with Rs 269.97 million in transactions. Jhapa Energy hit a 10% circuit for the third straight day, with Sagar Distillery and Srinagar Agro-Tech also earning over 9%. Joshi Hydropower Development Ltd. fell 4.96%.

Wednesday: Fourth Consecutive Gain

NEPSE advanced 9.61 points, ending at 2,665.60, a 0.36% rise from Tuesday.

Turnover reached Rs 6.63 billion through 12.33 million shares traded across 90,782 transactions.

Sub-indices of Finance, Investment, Life Insurance, Mutual Funds, and Non-Life Insurance declined, while others remained positive. The Hotel and Tourism group grew 0.99%.

NRN Infrastructure topped the day with Rs 624.34 million in turnover. Jhapa Energy once again gained 10%, and Sagar Distillery, Swastik Laghubitta, Srinagar Agro-Tech, River Falls Power, and Mahuli Laghubitta saw gains above 9%. Bottlers Nepal (Balaju) dropped 3.94%.

Thursday: Week Closes on a High Note

The index climbed 10.43 points, settling at 2,678.03, confirming a fully positive trading week.

A total of 13.71 million shares worth Rs 6.59 billion were traded.

Sagar Distillery hit a 10% positive circuit, while Swastik Laghubitta, Srinagar Agro-Tech, Jhapa Energy, and NRN Infrastructure gained over 9%. Himstar Energy became the top loser of the day.
The Banking sub-index rose the most, increasing 1.49%.

Market Outlook: Policy Review and Election Environment in Focus

Analysts believe the NEPSE’s current momentum may be influenced by the upcoming monetary policy review.

Despite low interest rates and adequate liquidity, credit expansion has not met expectations, creating mixed investor sentiment.

Experts suggest that clearer regulatory guidance, incentives for credit growth, and capital market-friendly reforms are essential to strengthen investor confidence.

They also note that a stable and positive pre-election environment could boost economic activity and provide psychological support to the market.