NEPSE Falls Sharply on First Trading Day After New Budget Measures; While Two Companies Hit Upper Circuit

Summary

NEPSE index fell sharply by 0.96% to 2,755.37 on the first trading day after new budget measures, with hydropower companies leading gains and Bungal Hydro recording the highest fall.

Key Points
  • NEPSE declined by 26.72 points (0.96%) to close at 2,755.37 on the first trading day after new budget measures.
  • Total turnover for the day was Rs. 5.61 Arba with 13,383,816 shares traded across 349 companies.
  • Ankhu Khola Jalvidhyut Company Ltd topped the turnover chart with transactions worth Rs. 43.04 crores.
  • Nepal Reinsurance Company Limited and Kalinchock Hydropower Limited led the gainers with 14.99%, while Bungal Hydro Limited fell by 13.20%.
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