Nepali Stock Market Sees Modest Gains Amidst Lower Trading Volume
Ana Fernanda Reporter
| 2025-02-21 06:58:59
KATHMANDU – The Nepali stock market (NEPSE) experienced a slight uptick on Thursday, rising 3.14 points to close at 2,743.74. However, trading volume decreased significantly, falling from 10.43 billion on Wednesday to 8.62 billion on Thursday.
Market activity was mixed, with 81 companies seeing price increases, 158 experiencing declines, and 5 remaining unchanged. The life insurance sector was a notable performer, registering a 2.42 percent gain. Large market capitalization companies also contributed to the positive movement, with this group increasing by 3.77 percent, leading the overall market gain.
Other sectors showing positive growth included non-life insurance (0.64 percent) and others (0.57 percent). Declining sectors saw relatively small losses, all under 1 percent. These included banking (0.55 percent), development bank (0.52 percent), finance (0.17 percent), hotel and tourism (0.31 percent), hydropower (0.75 percent), investment (0.37 percent), manufacturing (0.81 percent), and microfinance (0.30 percent).
Among individual companies, Guardian Microlife Insurance led the gainers with a 10 percent increase. Win Nepal Laghubitta (9.69 percent), Aparhewa Khola (9.14 percent), Laxmi Laghubitta (8.21 percent), and Upkar Laghubitta (8.1 percent) also saw substantial gains. Conversely, Barahi Hydropower experienced the largest decline, dropping 8.35 percent. Bhooleg Energy (5.78 percent) and Dibyashwari Hydropower (4.12 percent) also saw significant losses.
In terms of trading volume, the most active companies were Nepal Reinsurance Company, Himalayan Reinsurance, CEDB Holdings, NRN Infrastructure, and Narayani Development Bank.
WEEKLY HOT
- 1The flowers at Magok Seoul Botanic Garden are blessing the approach of spring.
- 2Spring has already arrived at Incheon Grand Park, and the flowers are bursting into bloom.
- 3Iran’s Retaliation Deals $800M Blow to U.S. Bases; Key Missile Defense Systems Hit
- 4Trump Deploys ICE to Airports as Budget Standoff Leaves Security Understaffed
- 5Naver D2SF Launches 18th Campus Tech Startup Competition to Foster Next-Gen Innovators
- 6Vishay Unveils Ultra-Compact 0404 RGB LED with Independent Chip Control for Enhanced Color Precision