The Nepal Stock Exchange (NEPSE) extended its upward momentum, rising 15.44 points to close at 2,538.11, while hydropower stocks led sectoral gains.
The devastating Bhotekoshi–Trishuli floods have triggered panic among investors, pushing the NEPSE index down by more than 80 points to around 2,513. Hydropower stocks have been hit particularly hard, but analysts say the massive reconstruction drive could create new opportunities for the market.
Nepal Stock Exchange (NEPSE) has contributed Rs. 1,11,11,111 to the Prime Minister’s Disaster Relief Fund to support the rescue, relief and rehabilitation of victims affected by the devastating Bhotekoshi flood.
The Nepal Stock Exchange (NEPSE) witnessed a sharp decline on Wednesday, dropping 43.89 points (1.71%) to close at 2,513.45, with most sectors ending in the red.
Shares of hydropower companies linked to Rasuwa plunged sharply on the Nepal Stock Exchange after reports emerged of extensive damage to hydropower projects and transmission infrastructure caused by a sudden flood.
Nepal Stock Exchange (NEPSE) continued its downward trend on Tuesday, falling 5.30 points (0.20%) to close at 2,594.27, following a 19.13-point decline in the previous session.
NEPSE extended its losing streak for a second session, falling 19.13 points to 2,599.58 and slipping below the 2,600 level for the first time in about a year.
Nepal’s benchmark NEPSE index declined by 10.67 points (0.40%) on Thursday, reversing the previous session’s 7.17-point gain. Turnover stood at Rs. 4.16 Arba, with more than 10 million shares changing hands.
The Nepal Stock Exchange (NEPSE) gained 7.17 points on Thursday to close at 2,629.40, reversing the marginal loss recorded in the previous session. Total turnover stood at Rs. 4.40 Arba.
NEPSE’s latest monthly data show that investor trading was heavily concentrated in the hydropower sector in Shrawan, which alone accounted for 46.17% of total market turnover.
The Nepal Stock Exchange (NEPSE) remained largely stable on Wednesday, slipping 0.26 points after a sharp 19.34-point decline in the previous session. Turnover stood at Rs. 3.29 Arba.
The Nepal Stock Exchange (NEPSE) has suspended Beni Securities Pvt. Ltd. (Broker No. 93) for three working days after the brokerage firm failed to complete settlement and clearing procedures within the prescribed timeframe.