Stock Market Surge: Index Rises by 80 Points, NPR 1.6 Billion in Transactions

Kathmandu – The stock market witnessed an upswing on Thursday, the first day of the fiscal year 2082/83 and the last day of the trading week. The Nepal Stock Exchange (NEPSE) index climbed by 79.82 points, reaching 2,074.60 points.

Key Highlights:

• Share Performance: Out of 248 companies listed, 239 saw their share prices rise, while only 9 companies experienced declines.

• Transaction Volume: Over 3.1 million shares of 311 scripts were traded, totaling NPR 1.659 billion in transactions.

Top Traded Companies:

1. Nepal Reinsurance Company – NPR 84 crore

2. Butwal Power Company – NPR 60 crore

3. Radiant Electricity Company – NPR 56 crore

4. Sanima Mai Hydropower – NPR 42 crore

5. Nyadi Hydropower – NPR 41 crore

Market Trends:

• Circuit Triggers: Trade Tower, Shubham Power, and Thristar Hydro Power hit the positive circuit (upper price limit).

• Sectoral Growth: The "Others" sector led the rally with a 5.09% surge, followed by:

  • Hydropower (+3%)

  • Investment and Life Insurance (+3%+)

  • Mutual Funds (minimal growth at 0.04%).

The market's upward momentum was driven by broad-based investor optimism, particularly in energy and insurance sectors.

Notes on Translation:

1. Currency: "अर्ब" = Arba (NPR 1 billion), "करोड" = Karod (NPR 10 million).

2. NEPSE: Nepal’s sole stock exchange.

3. Positive Circuit: A halt in trading when a stock hits its daily upper price limit.