It is the end of another week that ended on May 10. This was a positive week after a few weeks of downfall. The benchmark NEPSE index kicked off at 2,738.72 points and ended with a positive 6.93 points gain which made it close at 2,745.65 points. There was a 0.25 percent gain in both the index and market capitalization. The market cap ended up Rs. 1,183.53 Cr gain so it did make Nepalese investors who held through this week, richer. The total turnover for the five trading days of this week was Rs. 1,712.11 Cr which makes the average daily turnover Rs. 342.42 Cr. It is low compared to the previous weeks so something is definitely changing.
NEPSE Index Watch
We can only hope that this slight positive momentum continues the next week. We all want to see the market positive but it takes some time to get there. Let's hope that this is one of those stepping stones. I'd rather see the market take a slow and steady increase than a rushed one. This is one of those weeks where the points gain were low but it was in the positive direction. Let us look at the metrics.
| Metric | Value |
|---|---|
| Period | Week 19, 2026 (2026-05-04 ā 2026-05-10) |
| Trading Days | 5 |
| Total Turnover | Rs. 1,712.11 Cr |
| Avg Daily Turnover | Rs. 342.42 Cr |
| Market Cap (Open) | Rs. 467,102.48 Cr |
| Market Cap (Close) | Rs. 468,286.00 Cr |
| Market Cap Change | +Rs. 1,183.53 Cr (+0.25%) |
The average turnover can be seen lower than last week's data.
Top 10 Gainers ā Week 19, 2026
| Company (Symbol) | Prev. Close | May 8 Close | % Change |
|---|---|---|---|
| Jhapa Development Bank Limited (JHAPA) | 1,564.00 | 1,840.00 | +17.65% |
| Trishuli Jal Vidhyut Company Limited (TVCL) | 508.00 | 561.00 | +10.43% |
| Himalayan Stars Limited (HIMSTAR) | 840.00 | 909.90 | +8.32% |
| Pure Energy Limited (PURE) | 903.20 | 977.10 | +8.18% |
| Siddhartha Investment Growth Scheme-2 (SIGS2) | 9.99 | 10.61 | +6.21% |
| NIBL Stable Fund (NIBLSTF) | 9.00 | 9.49 | +5.44% |
| Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL) | 720.00 | 757.00 | +5.14% |
| Hotel Forest Inn Limited (HFIN) | 1,024.00 | 1,073.00 | +4.79% |
| NIC Asia Balanced Fund (NICBF) | 9.50 | 9.95 | +4.74% |
| Manjushree Finance Limited (MFIL) | 768.10 | 798.00 | +3.89% |
We can see a mix of companies in the gainers list. The champion for this week was Jhapa Development Bank Limited (JHAPA). We can also see a couple of hydropower companies but the list is composed of companies from different sectors. Manjushree also seems to be picking up steam as it ended up in the top 10 list.
Top 10 Losers (Price) ā Week 19, 2026
| Company (Symbol) | Prev. Close | May 8 Close | % Change |
|---|---|---|---|
| Corporate Development Bank Limited (CORBL) | 2,400.00 | 2,035.90 | -15.17% |
| Shikhar power Development Limited (SIPD) | 974.00 | 856.00 | -12.11% |
| Nepal Agro Laghubitta Bittiya Sanstha (NABBC) | 1,192.00 | 1,059.00 | -11.16% |
| Sayapatri Hydropower Limited (SAIL) | 1,263.00 | 1,145.00 | -9.34% |
| Dolti Power Company Limited (DOLTI) | 364.00 | 332.00 | -8.79% |
| Salapa Bikas Bank Limited (SABBL) | 1,349.00 | 1,235.00 | -8.45% |
| Makar Jitumaya Suri Hydropower Limited (MKHL) | 559.00 | 516.50 | -7.60% |
| Bhagwati Hydropower Development Company Limited (BGWT) | 705.00 | 657.00 | -6.81% |
| Laxmi Value Fund-2 (LVF2) | 10.20 | 9.51 | -6.76% |
| Menchiyam Hydropower Limited (MCHL) | 322.00 | 301.00 | -6.52% |
Corporate Development Bank Limited (CORBL) has seen a lot of fluctuations lately. In the top losers list above, we can see how it has topped the list. I remember seeing it as the top gainer in the previous weeks or at least, it was in the top 10 list of gainers. But this week it ended up in this other list of top 10 losers. Other than that, we can see mostly hydropower companies here.
Market Breadth ā Week 19, 2026
| Metric | Value |
|---|---|
| As of | 2026-05-08 |
| Previous Trading Date | 2026-05-07 |
| Advancing / Declining / Unchanged | 268 / 40 / 13 |
| A/D Ratio | 6.7 |
| A-D Line | +228 |
| Median Stock Return | +1.03% |
Looking at this interesting market breadth metric, we can see that most companies i.e. 268 scrips gained. Only 40 went down and and for the 13 that are remaining, the price remained the same over the week. So, most investors saw some gain in their portfolio as we can see that the media stock return is 1.03%.
Sector Performance ā Week 19, 2026
| Sector | Open | Close | % Change | Weekly Turnover |
|---|---|---|---|---|
| Others | 1,980.01 | 2,011.66 | +1.60% | Rs. 88.55 Cr |
| Mutual Fund | 21.61 | 21.83 | +1.02% | Rs. 2.88 Cr |
| Finance | 2,357.48 | 2,378.29 | +0.88% | Rs. 39.14 Cr |
| Microfinance | 4,775.31 | 4,813.29 | +0.80% | Rs. 87.83 Cr |
| Commercial Banks | 1,434.32 | 1,444.93 | +0.74% | Rs. 157.42 Cr |
| Sensitive Index | 464.43 | 467.33 | +0.62% | Rs. 574.17 Cr |
| Sensitive Float | 156.78 | 157.61 | +0.53% | Rs. 574.17 Cr |
| Hotels And Tourism | 7,899.30 | 7,938.12 | +0.49% | Rs. 57.08 Cr |
| Investment | 102.32 | 102.58 | +0.25% | Rs. 99.24 Cr |
| Life Insurance | 12,401.21 | 12,430.11 | +0.23% | Rs. 44.66 Cr |
| Non Life Insurance | 10,730.98 | 10,738.52 | +0.07% | Rs. 21.98 Cr |
| Hydropower | 3,849.42 | 3,850.87 | +0.04% | Rs. 766.59 Cr |
| Trading | 3,770.87 | 3,756.66 | -0.38% | Rs. 2.25 Cr |
| Manufacturing And Processing | 11,423.84 | 11,287.55 | -1.19% | Rs. 219.86 Cr |
| Development Banks | 5,953.49 | 5,864.09 | -1.50% | Rs. 98.82 Cr |
Looking across all the categorized sectors in NEPSE, in the table above, we can see how growth is distributed across them all. The others sectors are the winners along with mutual funds and finance sectors finishing on the top three. So, if you had stocks concentrated on these sectors, you might have seen a modest gain. Development banks are in the bottom of the list as they lost 1.5% along with manufacturing and processing which too saw a decline of 1.19%.
Top 10 by Turnover ā Week 19, 2026
| Company (Symbol) | Weekly Turnover | Volume |
|---|---|---|
| Solu Hydropower Limited (SOHL) | Rs. 75.16 Cr | 1,060,650 |
| Reliance Spinning Mills Limited (RSML) | Rs. 74.66 Cr | 199,548 |
| NRN Infrastructure and Development Limited (NRN) | Rs. 64.85 Cr | 467,030 |
| National Hydro Power Company Limited (NHPC) | Rs. 63.80 Cr | 2,275,634 |
| Ngadi Group Power Ltd. (NGPL) | Rs. 47.42 Cr | 1,097,091 |
| Ankhu Khola Jalvidhyut Company Ltd (AKJCL) | Rs. 47.36 Cr | 1,341,036 |
| Ridi Power Company Ltd. (RIDI) | Rs. 38.37 Cr | 1,127,005 |
| Jhapa Development Bank Limited (JHAPA) | Rs. 37.57 Cr | 215,896 |
| Hotel Forest Inn Limited (HFIN) | Rs. 33.78 Cr | 332,681 |
| Palpa Cement Industries Limited (PCIL) | Rs. 31.85 Cr | 357,609 |
Now, let us take a look at the turnovers. Solu Hydropower Limited (SOHL) topped the list. Investors spend 76.16 crores buying/selling this scrip. So, it was of high interest to the investors this week. RSML is also still on the list and I remember that this company came to the market with its book building IPO process. Other recent IPO entries like PCIL also is in this list. It tells us that investors are interested in this stock and they are hoping that it will make a comeback in it's price gain streak.
Overall, this week showed a positive outlook of the market. Even though the gain was modest, it is in the right direction. Let's hope that the next week, this momentum continues.