Kathmandu, February 11
After declining for five consecutive trading days, Nepal’s stock market rebounded on Tuesday.
The NEPSE index rose by 6.54 points, reaching 2,683 points. Trading volume also saw a slight increase, with transactions totaling Rs 7.24 billion, up from Rs 6.96 billion the previous day. A total of 134 companies recorded gains, while 98 saw declines, and 11 remained unchanged.
The development banking sector led the gains, rising by 2.37 percent. Hydropower increased by 1.57 percent, investment by 0.48 percent, and manufacturing by 0.01 percent. On the other hand, the trading sector recorded the biggest drop, falling by 1.05 percent. Other sectors also saw declines, including others (-0.01 percent), non-life insurance (-0.43 percent), microfinance (-0.04 percent), life insurance (-0.08 percent), hotels and tourism (-0.47 percent), finance (-0.29 percent), and banking (-0.20 percent).
Four companies hit the upper circuit with a 10 percent gain: Sikles Hydropower, Bhagwati Hydropower, Rasuwagadhi Hydropower, and Guardian Micro Life Insurance. Additionally, Saptakoshi Development Bank surged by 8.5 percent, while Emerging Nepal rose by 7.5 percent. Meanwhile, Bhugol Energy dropped by 10 percent, and Upakar Laghubitta fell by 8 percent.
In terms of transaction volume, CEDB Holdings, Nyadi Hydropower, United Modi Hydropower, NRN Infrastructure, and Saptakoshi Development Bank were the top-performing stocks.
