The Nepal Stock Exchange (NEPSE) index saw a strong rally this week, increasing by 4.16% or 108 points, closing at 2703.96 points. This is the highest level since mid-April (Baisakh 7), a period during which the market had mostly stayed below the 2700 mark.
NEPSE Performance Over the Week
The market climbed on all five trading days:
| Day | Index Gain (in points) |
|---|---|
| Sunday | 26.53 |
| Monday | 9.19 |
| Tuesday | 28.91 |
| Wednesday | 34.42 |
| Thursday | 9.14 |
Turnover Overview
Trading volume also increased steadily:
| Day | Turnover (in NPR) |
|---|---|
| Sunday | 7.12 Billion |
| Monday | 6.38 Billion |
| Tuesday | 7.03 Billion |
| Wednesday | 9.74 Billion |
| Thursday | 9.64 Billion |
Weekly Sector-wise Performance in NEPSE
Top Gainers of This week
Every sector posted gains this week. Notably, the Development Banks and Life Insurance sectors gained over 8%, bringing a wave of optimism to the market.
Despite concerns over the upcoming quarter-end bank repayments, the overall capital expenditure in Ashar month is likely to inject liquidity into the market, providing further support.
Top Losers of This Week
Upcoming Monetary Policy in Focus
The upcoming monetary policy from Nepal Rastra Bank is also creating positive sentiment. The central bank is currently gathering suggestions, and expectations are high that the policy will favor the market.
Historically, Shrawan and Bhadra are known as favorable months for the stock market, which has encouraged both short- and long-term investors.
Top-Traded Companies This Week
The hydropower sector led the market in trading activity this week, with several companies recording high transaction volumes. Sahas Urja emerged as the top performer, not only in terms of transaction volume but also in the number of trades.
| SN | Top-Traded Companies by Transaction Volume | Top-Traded Companies by Number of Trades |
| 1 | Sahas Urja ā NPR 1.82 Billion | Sahas Urja |
| 2 | NRN Infrastructure | Saptakoshi Development Bank |
| 3 | Butwal Power Company | Barun Hydropower |
| 4 | Radhi Power | Ngadi Group |
| 5 | Saptakoshi Development Bank | Union Hydropower |
| 6 | Ngadi Group | Singati Hydro Energy |
| 7 | Sanima Mai Hydropower | Balephi Hydropower |
| 8 | Union Hydropower | Sindhu Development Bank |
| 9 | Barun Hydropower | Butwal Power |
| 10 | Universal Power | Sanima Mai Hydropower |
Ongoing IPOs and Rights Offerings
Current Public Offerings (IPOs):
Bikash Hydropower Ltd. ā Open for the general public until Ashar 22
HimStar Energy IPO ā Opens on Ashar 27
Ongoing IPOs for Specific Groups:
Darmakhola Hydropower IPO ā Open until Ashar 23 for locals and Nepalis working abroad
Rights Share Offerings:
| Company | Last Application Date |
|---|---|
| Chhyangdi Hydropower | Ashar 27 |
| Rapti Hydro & General Constr. | Ashar 22 |
| Tehrathum Power | Shrawan 4 |
Global Markets Update
Major global indices also continued their upward trend:
| Index | Weekly Change | 6-Month Performance |
|---|---|---|
| Dow Jones (USA) | +3.04% | +4.97% |
| S&P 500 (USA) | +2.09% | ā |
| Shanghai Composite (China) | +1.43% | +8.28% |
| Nikkei (Japan) | -1.82% | +1.28% |
| FTSE 100 (UK) | -0.06% | +6.59% |
| BSE Sensex (India) | -0.72% | +6.68% |
Despite some short-term corrections, long-term growth across global markets continues to support investment sentiment worldwide.
Conclusion
With all sector indices rising, upcoming favorable monetary policy, and seasonal liquidity, the NEPSE index is well-positioned for continued growth. Investor confidence is on the rise, and IPO activities are also keeping the market dynamic.
