Market edges up by a modest 0.94 points, turnover by 45%

The Nepal Stock Exchange (NEPSE) climbed up by a modest 0.94 points (0.04%) on Tuesday to close at 2,630.76 points, following a decline in the previous trading session. 

Meanwhile, the market turnover rose to around NRs 5.80 billion, an increase of NRs 1.80 billion (44.90%) compared to Monday. 

A total of 360 scrips and 15,346,226 shares were traded. 

Among the sectorial indices, the hydropower gained along with the microfinance by 59.06 and 0.77 points, respectively. 

Meanwhile, life insurance declined by 70.91 points, followed by manufacturing and processing (54.42 points), the hotel (35.24 points), the development bank (24.73 points), and banking (5.89 points). 

Beni Hydropower emerged as the top gainer, rising by 14.98%, followed by Mathillo Mailun Khola Jalvidhyut (12.09%), Dordi Khola Jal Bidyut (6.79%) and Super Madi Hydropower (5.98%). 

Unilever Nepal recorded the steepest decline,  by 4.91%, or NRs 2,455 per share. The company’s share price currently stands at NRs 47,500. It was followed by Everest Bank Ltd Debenture (4.64%), Nabil Debenture 2089 by 4.35% and RBB Focus 40 by 3.29%. 

Ghalemdi Hydro led the turnover with transactions worth NRs 285.89 million, followed by Peoples Hydropower at NRs 246.96 billion, Sanima Middle Tamor Hydropower at NRs 210.04 million and Liberty Energy at NRs 194.75 million.