Market Shows Signs of Recovery as NEPSE Ends Week in Green

After four consecutive sessions of decline, the Nepal Stock Exchange (NEPSE) index edged higher on Thursday, rising 0.33 percent, or 8.97 points, to close at 2,671.07, ending the trading week on a positive note.

During the day, the benchmark index climbed to an intraday high of 2,681.65 points and slipped to a low of 2,657.86 points.

On the candlestick chart for the final trading day of the week, a bullish pattern was formed, suggesting the possibility of upward movement in the coming sessions.

Earlier in the week, the NEPSE index had declined by 0.37 percent on Sunday, 0.96 percent on Monday, and 0.38 percent on Tuesday, while remaining almost unchanged on Wednesday with a marginal dip of 0.04 points.

On the day, share prices of 139 companies advanced, 115 declined, and 6 remained unchanged.

A total of 27,780,584 shares were traded through 106,018 transactions, generating a turnover of Rs 11.10 billion compared to Wednesday’s 22.28 million shares traded in 82,450 transactions with a turnover of Rs 8.69 billion. Turnover stood at Rs 8.61 billion on Tuesday.

All major indices closed in positive territory. The Sensitive Index gained 0.33 percent, the Float Index rose 0.46 percent, and the Sensitive Float Index increased 0.36 percent.

Among individual stocks, Madhya Bhotekoshi Jalavidyut Company Limited (MBJC) was the top gainer, surging 9.99 percent, followed by Rasuwagadhi Hydropower Company Limited (RHPL), which rose 9.88 percent.

Kalinchowk Darshan Limited (KDL) was the biggest loser of the day, falling 7.59 percent.

Of the 13 sub-indices, five ended in the red, with the Hotels and Tourism Index posting the steepest decline of 1.65 percent. The Development Bank Index recorded the highest gain, rising 1.18 percent.

Total market capitalisation increased to Rs 4,484.79 billion, up from Rs 4,469.71 billion on Wednesday.