KATHMANDU: Nepal’s stock market extended its rally for a second consecutive week, buoyed by positive investor sentiment following the release of the Monetary Policy for the current fiscal year.
The NEPSE index posted gains in all five trading sessions this week, rising by a cumulative 112 points to close at 2,982.64 on Thursday.
The market opened the week at 2,870.63 and gained an average of 22 points per day, reflecting sustained bullish momentum across sectors. Investor confidence has been lifted by expectations of improved liquidity and policy support for the capital market, as signaled by Nepal Rastra Bank’s recent measures.
Market turnover remained strong throughout the week. A total of Rs. 95.94 billion worth of shares were traded, with an average daily turnover of Rs. 19.18 billion. In total, 214.7 million shares changed hands over 819,650 transactions. The daily average stood at 42.9 million shares and 163,813 transactions.
The market showed resilience even during sessions that opened with minor corrections. On Tuesday, the index recorded its highest single-day gain of the week, an 80.97-point surge, or 2.79 percent, pushing the index to 2,973.70. This was accompanied by the highest weekly turnover, reaching Rs. 20.08 billion, as investors aggressively accumulated stocks across multiple sectors.
While Tuesday’s rally stood out, other sessions also reflected stable upward trends. Monday saw the index rise by 21.76 points, while Wednesday posted a more modest gain of 5.17 points after intraday corrections. Even on days with limited volatility, such as Sunday and Thursday, the market managed to close in positive territory, a sign of persistent demand.
Daily market fluctuations ranged from 27 to 79 points, with the index touching a weekly high of 2,992.26 and a low of 2,861. Trading activity spanned over 300 listed companies each day, indicating broad-based participation.
The highest number of trades in a single day was recorded on Sunday, with 178,176 transactions, while Thursday saw the largest number of companies traded, 328 in total.
The steady uptrend has brought the NEPSE index close to the 3,000-point psychological threshold, a level last seen during past market highs. Analysts remain cautiously optimistic, noting that while momentum remains strong, short-term corrections may occur as the market approaches resistance levels.
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