NEPSE Surges by 83.33 Points Following Finance Ministry’s Initiative to Address SBAN’s Six-Point Broker Issues

The Nepal Stock Exchange (NEPSE) witnessed a strong rebound today, surging by 88.33 points (3.11%) to close at 2,760.02. The market recovery comes just a day after a significant decline, reflecting renewed investor confidence.

The sharp rise follows recent initiatives taken by the Ministry of Finance Nepal to address concerns raised by the Stock Broker’s Association of Nepal (SBAN). The Finance Minister’s initiative and discussion to resolve the six-point issues highlighted by brokers appears to have eased market panic and supported bullish sentiment.

The benchmark index opened at 2,674.94 and fluctuated throughout the session, reaching an intraday high of 2,776.08 and a low of 2,669.70. Market activity remained robust, with a total turnover of Rs. 10.92 Arba. A total of 25,155,854 shares of 345 companies were traded through 124,093 transactions. The total market capitalization stood at Rs. 46.92 Kharba, while the float market capitalization reached Rs. 15.84 Kharba.

Reliance Spinning Mills Limited led the turnover chart, recording transactions worth Rs. 1.13 Arba. The company’s stock closed at Rs. 3,509.

In today’s trading, eight companies hit the positive circuit limit of 10%, including ULBSL, BJHL, RIDI, NHPC, SKHL, RLEL, SKHEL, and HFIN, indicating strong buying pressure across selected stocks.

On the downside, debentures and mutual fund scripts dominated the list of losers. Notably, RSML and NABBC emerged among the top losing company of the day.

Sector-wise, all indices closed in the green. The Hydropower sector recorded the highest gain, rising by 4.59%, while the Mutual Fund index posted the lowest increase at 1.40%.

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