KATHMANDU, June 1: Nepal Stock Exchange (NEPSE) plunged 26.72 points on Sunday, the first trading day after the announcement of budget for Fiscal Year (FY) 2026/27, to close at 2,755.37 points.
The secondary market opened at 2,782.10 points, initially having a straight fall to 2,758.13 points in the first six minutes. The index climbed to the day’s high at 2,789.33 points in the next 27 minutes. The market however could not keep intact its charm for investors, while the index went to a straight fall to reach the day’s low at 2,746.01 points in the last 23 minutes. The market recovered around nine points in the remaining period before it closed for the day.
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Only two groups—non-life insurance and ‘others’ were the gainers of 150.92 points and 67.84 points, respectively. Of the 11 losers, trading had the largest fall of 233.74 points as manufacturing and processing, hotels and tourism, and life insurance also witnessed a decline of three-digit points.
The sensitive index, which measures the performance of ‘A’ class companies, decreased 4.78 points. Daily turnover fell to Rs 5.61 billion from Rs 6.03 billion.
Among the individual companies, 35 were the gainers as 233 lost their charms for the investors. Ankhu Khola Jalvidhyut Company had the largest turnover of its shares worth Rs 430.45 million.
Bungal Hydro Limited witnessed the highest fall of 13.20 percent in its market value. Two companies including Nepal Reinsurance Company Limited and Kalinchok Hydropower Limited stood as the topmost gainers 14.99 percent.
