NEPSE Slips as Market Turnover Declines

Nepal’s stock market closed lower on the final trading day of the week, reflecting cautious investor sentiment. The benchmark Nepal Stock Exchange (NEPSE) index dropped by 12.83 points to settle at 2,620.92, reversing the gains recorded in the previous session. The Sensitive Index declined by 2.43 points, while the Float Index and Sensitive Float Index fell by 0.84 points and 0.88 points respectively.

Alongside the index decline, total market turnover also decreased. While trading on Wednesday stood at NPR 5.13 billion, Thursday’s session saw transactions worth NPR 4.71 billion, with 10.15 million shares exchanged across 336 stocks through 64,407 trades. Despite the overall weakness, selective stocks continued to attract buying interest.

Vin Nepal Laghubitta Bittiya Sanstha hit the positive circuit during the session, with its share price rising by NPR 134.60 to close at NPR 1,481.10. Similarly, SY Panel Nepal gained over 9 percent, while Him Star Urja Company advanced by more than 8 percent. In contrast, units of Global IME Samunnat Yojana–2 recorded the steepest decline of the day, falling by 10 percent.

In terms of turnover, SY Panel Nepal led the market with transactions worth NPR 234.1 million. It was followed by Shivam Cements with nearly NPR 140 million in turnover, while Butwal Power Company crossed NPR 120 million in trading value. Of the 13 sectoral indices, only one closed higher, whereas 12 ended in the red, with the Trading sector posting the highest decline of 1.09 percent.