Nepal’s stock market extended gains on Wednesday, April 16, with the benchmark Nepal Stock Exchange (NEPSE) index rising for a second consecutive trading day in the new Nepali calendar year 2082 BS (mid-April 2025 to mid-April 2026).
The NEPSE index climbed 7.01 points, or 0.26%, to close at 2,696.23, following a 1.01% gain on Tuesday.
The market had remained closed on Monday in observance of the New Year holiday.
Despite the continued upward trend, investor participation slowed, with daily turnover declining to Rs 7.26 billion, down from over Rs 8.54 billion recorded on Tuesday. Throughout the day, over 16.5 million shares changed hands in 64,360 transactions.
The overall market capitalization edged up slightly to Rs 4.48 trillion, from Rs 4.47 trillion the previous session.
Out of the 246 traded stocks, 147 companies saw price gains, 97 declined, while 2 remained unchanged. All major sub-indices ended in the green. The Sensitive Index rose by 0.29%, the Sensitive Float Index climbed 0.44%, and the Float Index advanced by 0.38%.
Top gainers for the day included Corporate Development Bank Ltd. (CORBL) and Balephi Hydropower Ltd. (BHL), both of which hit the upper circuit limit. Nepal Micro Insurance Company Ltd. (NMIC) and Crest Micro Life Insurance Ltd. (CREST) followed closely, with their stock prices increasing by 9.99%.
On the losing side, Gurans Laghubitta Bittiya Sanstha Ltd. (GLBSL) led the decline with a 5.55% drop.
Likewise, Ngadi Group Power Ltd. (NGPL) topped the turnover chart, followed by Radhi Bidyut Company Ltd. (RADHI) and Balephi Hydropower Ltd. (BHL).
Among the 13 sectoral indices, 7 closed higher, with the Hydropower Index leading the way, rising 1.63%. Meanwhile, the Others Index posted the steepest decline, slipping by 1.07%.