NEPSE ends week higher ahead of budget announcement
Summary
The Nepal Stock Exchange index rose by 0.97% in the week before the national budget announcement, driven by strong gains in the hydropower and finance sectors amid cautious investor sentiment.
Key Points
- The NEPSE index closed the week at 2,758.49 points, gaining 0.97% from the previous week.
- Market capitalisation increased to Rs 4.704 trillion, expanding investor wealth by around Rs 45 billion.
- The hydropower sub-index was the strongest performer, rising 2.16%, with Bungal Hydro Limited surging 38.01%.
- Despite overall price gains, weekly liquidity declined slightly, reflecting cautious investor behavior ahead of the budget.
