#StockMarket #Nepal #Trading #Business
Last week, the Nepal Stock Exchange (NEPSE) saw a decline on its first trading day after a continuous rise. On Sunday, the NEPSE index fell by 54.62 points, settling at 2,148.68 points. This marked a decrease of 2.4 percent in the index.
During Sunday’s trading session, a total of 317 companies traded 2,371,280 shares worth NPR 32,014,100. NEPSE reported that transactions were carried out in various sectors including banking, development banks, finance, hotels and tourism, hydropower, insurance, among others.
In particular, Kumari Bank saw a 47.42 point decrease, Development Bank dropped by 42.2 points, Finance went down by 99.9 points, Hotels and Tourism decreased by 23.33 points, and Hydropower witnessed a 33.33 point decline. Similarly, Manufacturing and Processing dropped by 46.66 points, Microfinance by 36.66 points, Mutual Funds by 64.0 points, Life Insurance by 85.0 points, Trade by 85.0 points, and other sectors by 76.0 points.
Kathmandu Bukhari Small Hydropower Limited’s share price saw the highest increase of 72 percent. Conversely, Mithila Laghubitta Bittiya Sanstha Limited faced a negative circuit in its share price decline.
Based on trading volume, Himalayan Reinsurance Limited recorded the highest transaction value of NPR 42,034,900. Moreover, Ghalibafal Hydro Limited had the highest number of shares traded, with 454,371 shares changing hands.
Ramesh Khatri, representative of Kansai Nepal News, expressed that despite the fluctuations in the market, it is essential for investors to carefully evaluate their investment decisions and stay informed about market trends to make sound financial choices.
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Author: MAYA | HARUTO
Posted at: March 23, 2025 7:10 pm
