Kathmandu | After three consecutive days of gains, the Nepal Stock Exchange (NEPSE) continued its upward trajectory, albeit marginally, rising by 3.35 points (0.12%) on Thursday. NEPSE opened at 2,700.23, reached a high of 2,732.85, a low of 2,700.23, and finally closed at 2,703.39, maintaining its positive momentum.

Despite the small gain in the index, market turnover surged significantly, reaching NPR 7,844,642,487.27, compared to NPR 5,377,995,834.70 in the previous session, signaling heightened trading activity.

Market Activity

A total of 324 stocks were traded, with 93 advancing and 151 declining. The total market capitalization increased to NPR 4,489,035,222,686.09, reflecting a rise in the overall valuation of listed companies.

Sectoral Performance

Among sub-indices, the Others Index posted the highest gain of 1.45%, while the Trading Index recorded the highest decline of 1.66%.

Top Gainers and Losers

Top Performing Stocks:

1. Green Ventures Limited (GVL) surged 9.99%, hitting the upper circuit limit.

2. Super Madi Hydropower (SMHL) increased by 6.95%.

3. Radhi Bidhyut Company (RADHI) gained 4.90%.

4. NLG Insurance (NLG) rose 4.63%.

5. SBID89 advanced 2.75%.

Biggest Losers:

1. Upakar Laghubitta (ULBSL) declined the most, falling 7.85%.

2. Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) dropped 6.13%.

3. Guardian Micro Life Insurance (GMLI) lost 6.12%.

4. Bottlers Nepal Limited continued its downward trend, shedding 5.87%.

5. Kumari Sabal Yojana (KSY) declined 5.71%.

Top Turnover and Volume Leaders

• Highest turnover stocks: Himalayan Reinsurance Limited (HRL) led the turnover chart, followed by Nepal Reinsurance Company (NRIC) and NRN Infrastructure & Development (NRN).

• Top traded stocks by volume: Radhi Bidhyut Company (RADHI) led in traded volume, followed by Himalayan Reinsurance Limited (HRL) and Kumari Bank Limited (KBL).

Market Outlook

The market showed resilience, closing in the green despite minor gains. The significant jump in turnover suggests renewed investor interest. However, mixed sectoral performance indicates that investors remain cautious. The rise in the Others Index and the continued decline in the Trading Index suggest sector-specific volatility. Moving forward, investor sentiment will be influenced by economic indicators and upcoming corporate announcements.