KATHMANDU, SEPTEMBER 25
The Nepal Stock Exchange (NEPSE) index rebounded on Tuesday, gaining 49.18 points (1.99%) to close at 2,519.57, after two consecutive days of significant declines. However, daily turnover remained subdued, falling to Rs 4.8 billion, down from Rs 5.6 billion on Monday and Tuesday, reflecting persistent investor caution.
The drop in turnover came as 12.49 million shares of 327 companies were traded across 69,418 transactions, signaling weaker investor activity even as the market showed signs of recovery.
The Sensitive Index dropped by 1.78%, and the Float Index dipped 2.10%.
Most sectors closed in the green, with the Finance sector leading the gains, followed by Hotels and Tourism, which saw a 3.50% rise. Development Banks posted a 2.75% increase, while Hydropower added 2.60%. The only exception was the Mutual Fund sector, which dipped by 0.01%.
In individual stock performance, 223 scrips advanced, 18 declined, and three remained unchanged.
Five companies – Wean Nepal Laghubitta (WNLB), Nyadi Hydropower (NYADI), Unique Nepal Laghubitta (UNLB), Sagarmatha Jalbidhyut (SMJC), and Three Star Hydropower (TSHL) – saw a 10% increase in share value.
Despite the rebound in the index, the persistent drop in turnover suggests cautious investor sentiment. By the end of the day, the total market capitalization stood at Rs 4.0068 trillion.
