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NEPSE Plunges 32.65 Points to Close at 2,657.50; Turnover Reaches Rs. 7.18 Arba

The Nepal Stock Exchange (NEPSE) declined by 32.65 points or 1.21% to close at 2,657.50 on Wednesday. Total turnover reached Rs. 7.18 arba, with Ghalemdi Hydro leading the turnover chart and Beni Hydropower emerging as the top gainer.

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NEPSE Plunges 32.65 Points to Close at 2,657.50; Turnover Reaches Rs. 7.18 Arba

The Nepal Stock Exchange (NEPSE) witnessed a significant decline on Wednesday, falling 32.65 points or 1.21% to settle at 2,657.50. This follows a decline of 5.45 points in the previous trading session. The benchmark index opened at 2,690.11 and fluctuated between an intraday high of 2,691.10 and a low of 2,651.15 before closing at 2,657.50. The market recorded a total turnover of Rs. 7.18 arba, with 19,822,392 shares of 343 companies traded through 70,228 transactions. The total market capitalization stood at Rs. 45.74 kharba, while float market capitalization reached Rs. 15.59 kharba. Top Turnover, Gainers and Losers Ghalemdi Hydro Limited (GHL) topped the turnover chart with transactions worth Rs. 37.63 crore. Its share price closed at Rs. 355. Meanwhile, Beni Hydropower Project Limited (BENH) emerged as the top gainer, recording a 13.58% increase to close at Rs. 806.10 per share. On the losing side, Sanima Large Cap Fund (SLCF) recorded the highest decline of 4.86%, with its last traded price settling at Rs. 9.21. Sectoral Performance All sectoral indices recorded losses during the trading session. The Development Bank Index suffered the highest decline, falling by 1.88%, while the Hotels and Tourism Index recorded the smallest loss of 0.57%. Overall, the market witnessed broad-based selling pressure, with the benchmark index and all sectoral indices ending the session in negative territory.

NEPSE Rebounds 6.62 Points After Previous Session’s Sharp Decline

The Nepal Stock Exchange (NEPSE) witnessed a slight recovery on Tuesday, gaining 6.62 points or 0.24% to close at 2,664.13. The market rebounded after declining by 32.65 points in the previous trading session.

Ransomware Attack Exposes Major Cybersecurity Weaknesses in Nepal’s Stock Market

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CDSC Leadership Control Shifts to Finance Ministry, Curtailing NEPSE’s Management Role

CDS and Clearing Limited (CDSC) has amended its regulations to give the Ministry of Finance direct authority to appoint its board chairperson and CEO. The move follows a change in shareholding that reduced NEPSE’s ownership to 50.93%, raising questions about corporate autonomy and governance.

NEPSE CEO Appointment Delayed Until After Dashain as Four Candidates Complete Interviews

The selection process for the vacant Chief Executive Officer (CEO) position at the Nepal Stock Exchange (NEPSE) has entered its final stage, with all four shortlisted candidates completing their interviews and professional work plan presentations. However, the selection committee will recommend three candidates to the Cabinet only after the Dashain holidays.

NEPSE Gains 4.12 Points to Close at 2,599.93 as Sagarmatha Jalabidhyut Leads Gainers

The Nepal Stock Exchange (NEPSE) edged up 4.12 points (0.15%) to close at 2,599.93. Ghalemdi Hydro topped the turnover chart, while Sagarmatha Jalabidhyut emerged as the day's top gainer with a 12.44% increase.

Lock-in Period of Shares of Five NEPSE-Listed Companies to Expire in Ashwin and Kartik

The lock-in period for shares of five companies listed on the Nepal Stock Exchange (NEPSE) is set to expire in Ashwin and Kartik, making a total of 1,18,10,715 shares eligible for trading in the secondary market.

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