The Nepal Stock Exchange (NEPSE) index declined by 14.88 points, or 0.55%, closing at 2,682.15. The total market turnover stood at Rs. 5.14 billion, with 9.58 million shares changing hands across 54,622 transactions. Out of the 311 traded companies, 183 saw a decline in their stock prices, while only 53 gained, and 7 remained unchanged, indicating a negative market sentiment.
Despite the overall downturn, some stocks managed to register gains. Mithila Laghubitta Bittiya Sanstha Limited (MLBBL) led the gainers, closing at Rs. 1,980.00 with a 9.39% increase. Ghalemdi Hydro Limited (GSY) followed with a 7.69% rise, closing at Rs. 9.80. Birat Energy Development Company (BEDC), Green Development Bank Limited (GRDBL), and Rawa Energy Development Limited (RAWA) also saw gains, closing at Rs. 949.00, Rs. 1,437.60, and Rs. 902.10, respectively.
On the losing side, Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) was the worst performer, dropping by 9.20% to close at Rs. 2,152.00. Other significant losers included Himalayan Power Partner Limited (HPPL), Swet-Ganga Hydropower & Construction Limited (SGHC), Central Finance Limited (CFCL), and Mandakini Hydropower Limited (MEHL), all of which saw price declines of over 4%.
In terms of trading activity, Himalayan Reinsurance Limited (HRL) recorded the highest turnover of Rs. 296.73 million, closing at Rs. 976.80. NRN Infrastructure & Development Limited (NRN) and Nepal Reinsurance Company Limited (NRIC) followed with turnovers of Rs. 234.61 million and Rs. 171.81 million, respectively. Green Development Bank Limited (GRDBL) and Himalayan Power Partner Limited (HPPL) also featured among the top turnover stocks.
Looking at the most actively traded stocks by volume, Ghalemdi Hydropower Limited (GHL) led the market with 435,625 shares exchanged, closing at Rs. 298.00. Himalayan Reinsurance Limited (HRL), Mahalaxmi Bikas Bank Limited (MLBL), Upper Modi Hydropower Limited (UMHL), and Himalayan Power Partner Limited (HPPL) were also among the most heavily traded stocks.
The overall market sentiment remained cautious as more stocks lost value compared to those that gained. Despite this, certain stocks, particularly in the microfinance and hydropower sectors, attracted strong investor interest. The market’s volatility suggests that investors are closely monitoring economic conditions and company performance before making further decisions.
