Himal Press 
KATHMANDU: The Nepal Stock Exchange (Nepse) closed lower on Wednesday, shedding 7.94 points to settle at 2,669.51.
The decline follows a strong 49.09-point surge on Tuesday, reflecting a volatile week for the market. Despite the drop in the benchmark index, trading activity showed resilience, with total turnover rising significantly to Rs 10.45 billion from Tuesday’s Rs 7.61 billion. A total of 21.31 million units of shares were traded through 86,526 transactions on Wednesday.
Market analysts have attributed the decline to market corrections following Tuesday’s sharp gains.
The broader economic context, including the recent appointment of Dr. Bishwo Poudel as the 18th Governor of Nepal Rastra Bank, may also influence market sentiment as investors are closely watching for policy measures to address sluggish credit growth and stimulate economic activity.
A total of 93 companies saw their share prices go up during the session, while 153 declined and one remained unchanged. The Hydropower sub-index, which was down by 1%, led the losses among trading groups. Only three sub-indices managed nominal gains during the session, while ten ended in negative territory.
Radhi Bidyut Company topped the turnover chart with transactions worth Rs 710.30 million. Mountain Energy Nepal and Ngadi Group Power Ltd were next with turnovers of Rs 591.09 million and Rs 578.32 million, respectively. These companies, all from the Hydropower group, continue to attract significant investor attention despite the sector’s overall underperformance during the session.
