The NEPSE index rose by 7.73 points to reach 2796 on the first trading day of the week. Despite a decline in trading volume to NPR 474 crore, 157 companies experienced an increase in their share prices. Shares of Palpa Cement, Corporate Development Bank, Shikhar Power, and City Hotel surged by 15 percent. Kathmandu, 14 Baisakh.
On the first trading day of the week, the NEPSE index closed at 2796, marking a 7.73-point increase. This follows a 1.5-point rise recorded on the previous Friday. However, trading volumes decreased, with today’s turnover totaling NPR 474 crore compared to NPR 527 crore the prior day. While 157 companies saw their share prices increase, 102 experienced declines and 10 remained unchanged.
The production and processing sector showed the highest gain of 1.52 percent. Other sectors registering growth included development banks (1.14%), banking (0.68%), finance (0.42%), hotel and tourism (0.97%), life insurance (0.13%), microfinance (0.29%), and non-life insurance (0.15%). Conversely, hydropower (0.19%), investment (0.28%), others (0.44%), and trade (1.39%) sectors experienced declines.
Four companies achieved a notable 15 percent rise in share prices: Palpa Cement Industries, Corporate Development Bank, Shikhar Power, and City Hotel. Additionally, Jhapa Energy shares increased by 9.44 percent and Green Development Bank shares rose by 6.86 percent. Conversely, Maikhola Hydropower experienced the largest drop with a 10 percent decline. The top trading companies by volume included Reliance Spinning Mills, Aankhu Khola Hydroelectric, Solu Hydropower, National Hydropower, and Corporate Development Bank.
