Share Market Climbs After Tihar; ‘Other’ Sector Leads with 3% Gain

KATHMANDU, October 26 

The share market rebounded in the final hours of trading on Sunday, driven by gains in the “Other” sector. The NEPSE index surged by 5.19 points, closing at 2,509 points, after dipping to 2,470 points around 11:23 am, the session’s lowest point.

Trading volume remained relatively low at Rs 266 million, slightly below the pre-Tihar trading volume of Rs 279 million. Of the 248 listed companies, 98 recorded price gains, 146 declined, and 4 remained unchanged.

The “Other” sector led the rally with a 3.05% increase, largely supported by Nepal Reinsurance, which surged 7.10%. Other sectors showed modest gains: Life Insurance (0.61%), Manufacturing & Processing (0.02%), Non-Life Insurance (0.08%), and Trading (0.81%). Meanwhile, Banking (-0.35%), Development Banks (-0.29%), Finance (-0.72%), Hotels & Tourism (-0.57%), Hydropower (-0.33%), Microfinance (-0.23%), and Investment (-0.34%) registered losses.

Top gainers included:

• Samata Domestic Microfinance: +8.89%
• Himalayan Power Partner: +7.63%
• Nepal Reinsurance: +7.10%
• Women’s Microfinance: +6.05%
• Crest MicroLife Insurance: +5.70%
• Bhugol Energy: +5.08%

Major losers were:

• Taragaun Regency: -7.16%
• Bhagwati Hydropower: -7.13%
• Asian Hydropower: -5.16%
• Unnati Sahakarya Microfinance: -4.72%
• Atmanirbhar Microfinance: -4.62%

The most actively traded securities on Sunday included Nepal Reinsurance, Siddhartha Bank Debenture 89, Union Hydropower, Himalayan Power Partner, and Himalayan Distillery.

The market’s late rally reflects cautious investor optimism following the Tihar holidays, with the “Other” sector emerging as a key driver of gains.