Kathmandu, October 29
On Tuesday, Nepal’s stock market witnessed a rise across all indicators, with the NEPSE index climbing by 46.69 points compared to the previous day, reaching 2,692 points.
Trading volume also increased, with Tuesday’s transactions totalling Rs 6.12 billion, up from Rs 5.33 billion the previous day. The market remained positive throughout the day, with the closing point also marking the day’s highest level.
Out of 243 companies, 221 saw their share prices increase, while 17 declined, and 5 remained stable. All sector indices recorded gains, with the non-life insurance sector leading with a 3.6 per cent increase. Banking rose by 1.60 per cent, development banks by 2.32 per cent, finance by 0.38 per cent, hotels and tourism by 2.77 per cent, hydropower by 2.03 per cent, investment by 1.36 per cent, life insurance by 1.80 per cent, manufacturing by 0.97 per cent, microfinance by 1.5 per cent, others by 1.57 per cent, and trading by 0.35 per cent.
Four companies saw a 10 per cent increase in their stock prices: Saptakoshi Development Bank, Sanima GIC Insurance, Kutheli Bukari Small Hydropower, and Corporate Development Bank. Additionally, Samaj Laghubitta rose by 9.18 per cent, Mountain Energy by 7.34 per cent, Khanikhola Hydropower by 6.7 per cent, and Himalayan Everest Insurance by 6.5 per cent.
In terms of transaction volume, Samriddhi Finance, Peoples Hydropower, Saptakoshi Development Bank, Janaki Finance, and Sahas Urja ranked as the top five.
