Kathmandu, June 23
On Sunday, the Nepal Stock Exchange (NEPSE) saw a decline in its overall index by 5.37 points, bringing the index to 2062 points. The total transaction volume reached Rs 4.37 billion, with 78 companies experiencing price increases, 164 seeing declines, and 5 remaining stable.
In a notable divergence from the general market trend, the finance sector leapt by 5.49 per cent or 128 points. This surge marks a continuation of the finance group’s performance, which had already hit a 16-month high last Thursday.
Other market segments also saw some gains. The miscellaneous group increased by 4 points, while the trade group climbed by 19 points. However, other sectors experienced declines: banking fell by 4 points, development banks by 4 points, hotels and tourism by 58 points, hydropower by 1 point, life insurance by 54 points, manufacturing by 29 points, microfinance by 56 points, and non-life insurance by 13 points.
Several companies demonstrated significant price increases. Reliance Finance, Ganapati Laghubitta, Sadhana Laghubitta, Mailungkhola Hydropower, and Nepal Finance all saw their prices rise by 10 per cent. Additionally, Buddha Bhumi Hydro increased by 8.1 per cent, Mandakini Hydropower by 8 per cent, and Pokhara Finance by 6.9 per cent. Conversely, Global IME Laghubitta’s price dropped by 6.5 per cent, Upakar Laghubitta by 5.1 per cent, and Barahi Hydro by 4.4 per cent.
In terms of transaction volume, Pokhara Finance, Nepal Finance, Reliance Finance, Mountain Energy, and Mandu Hydropower led the market, showcasing strong performance amid an overall market downturn.
