NEPSE index rises 0.18 points to 2,731.59 on Wednesday

KATHMANDU: Nepal Stock Exchange (NEPSE) index closed at 2,731.59 points on Wednesday, rising 5.08 points or 0.18% from the previous trading day.

Meanwhile, the benchmark recovered modestly after yesterday’s decline, supported by gains in finance and hydropower stocks. A total of 141 scrips advanced, 112 declined and seven remained unchanged.

The total turnover stood at Rs 11.49 billion, with 23.62 million shares traded across 121,992 transactions.

Notably, the finance sector recorded the highest gains among sub‑indices, leading the day’s positive performance, while hydropower and microfinance stocks also contributed to the upside momentum. Sub‑indices showed mixed results: the Sensitive Index closed marginally lower at 464.26 (down 0.04%), the Float Index rose to 188.00 (up 0.23%) and the Sensitive Float Index edged up to 158.60 (up 0.01%).

Among individual scrips, Corporate Development Bank (CORBL) and Ankhu Khola Jalvidhyut Company (AKJCL) topped the gainers’ list, both hitting the upper circuit with 10.00% gains to close at Rs 2,196.70 and Rs 304.70 respectively. Other notable gainers included Mithila LaghuBitta Bittiya Sanstha (MLBBL) up 9.51% (LTP Rs 1,575.00), People’s Power (PPL) up 9.22% (LTP Rs 378.00), Buddha Bhumi Nepal Hydropower Company (BNHC) up 9.04% (LTP Rs 589.90) and Shree Investment Finance Co (SIFC) up 8.40% (LTP Rs 658.00).

Overall, the market exhibited cautious optimism with broad-based participation in select sectors, though turnover remained lower than the previous session.