NEPSE Dips for Second Straight Day

NEPSE Dips for Second Straight Day Turnover falls to Rs 7.57 billion

Finance

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29 April 2025

The Nepal Stock Exchange (NEPSE) Index fell for the second consecutive trading day on Tuesday, April 29, declining 0.57% or 15.08 points to close at 2,631.98. This followed a 0.54% drop on Monday, reversing modest gains of 0.13% on Sunday and 0.07% last Thursday, which had briefly interrupted a four-day losing streak.

Market momentum also weakened, with daily turnover sliding to Rs 7.57 billion from Monday’s Rs 8.91 billion. A total of over 18 million shares changed hands in 66,265 transactions throughout the day.

Out of 245 listed companies traded, only 57 recorded gains. All major sub-indices posted losses: the Sensitive Index fell by 0.43%, the Sensitive Float Index by 0.13%, and the Float Index by 0.44%.

Crest Micro Life Insurance Limited (CREST) led the day’s gainers, hitting the upper circuit limit. Nepal Micro Insurance Company Limited (NMIC) and Bhugol Energy Development Company Limited (BEDC) followed with strong gains of 9.99% and 9.01%, respectively.

On the losing end, Madhya Bhotekoshi Jalavidyut Company Limited (MBJC) recorded the sharpest decline, plunging by 9.88%.

Sanima Mai Hydropower Ltd. (SHPC) topped the turnover chart, followed by Ngadi Group Power Ltd. (NGPL) and Radhi Bidyut Co. Ltd. (RADHI).

Of NEPSE’s 13 sectoral indices, only the Mutual Fund Index managed to end in positive territory with a marginal uptick of 0.07%. The Finance Index saw the steepest drop, falling 1.22%.

By the end of the trading session, NEPSE’s total market capitalization had slipped to approximately Rs 4.38 trillion, down from around Rs 4.4 trillion the previous day.

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Out of 245 listed companies traded, only 57 recorded gains. All major sub-indices posted losses: the Sensitive Index fell by 0.43%, the Sensitive Float Index by 0.13%, and the Float Index by 0.44%.

On the losing end, Madhya Bhotekoshi Jalavidyut Company Limited (MBJC) recorded the sharpest decline, plunging by 9.88%.

Sanima Mai Hydropower Ltd. (SHPC) topped the turnover chart, followed by Ngadi Group Power Ltd. (NGPL) and Radhi Bidyut Co. Ltd. (RADHI).

Of NEPSE’s 13 sectoral indices, only the Mutual Fund Index managed to end in positive territory with a marginal uptick of 0.07%. The Finance Index saw the steepest drop, falling 1.22%.

By the end of the trading session, NEPSE’s total market capitalization had slipped to approximately Rs 4.38 trillion, down from around Rs 4.4 trillion the previous day.