The Nepal Stock Exchange (NEPSE) saw a notable rise of 73.27 points during the week following the end of the festive season, signaling a renewed investor interest in the secondary market. The index started the week at 2,675.51 points on Sunday and closed at 2,748.78 points on Thursday, reflecting a week of positive momentum despite some fluctuations in between. The market reached a high of 2,788.35 points and a low of 2,680.70 points, showing a volatility of 107.65 points.
The trading week opened on a strong note with an initial gain of 62.54 points on Sunday. On Monday, the market continued its upward trend with an additional 22.14-point increase, before experiencing slight corrections on Tuesday and Wednesday, where it fell by 11.24 points and 14.12 points, respectively. The market closed on Thursday with a modest gain of 13.95 points.
Sector performance was mixed, with the finance index standing out as the biggest gainer, increasing by 7.56% (264.33 points). Hydropower stocks and development banks also performed well, with gains of 5.86% and 5.0%, respectively. On the other hand, the broader market index registered a slight decline of 0.02%.
In terms of individual company performance, Samriddhi Finance Company had the highest turnover, with shares worth Rs 1.20 billion traded during the week. Gurans Laghubitta Bittiya Sanstha Limited saw the highest price increase, jumping 60.95% in value, while NLG Insurance Company recorded the steepest loss of 30.82%.
The total turnover for the week amounted to Rs 47.17 billion, with the average daily turnover surging to Rs 9.43 billion from Rs 4.71 billion the previous week. This suggests a significant boost in trading activity following the festive season.
Market capitalization rose to Rs 4.376 trillion, up from Rs 4.259 trillion, adding Rs 117 billion to investors’ portfolios during the week. This recovery follows a slight loss of Rs 1 billion in the previous week, demonstrating an overall positive shift in investor sentiment.
