Nepse plunges by 1. 54 points on Tuesday

The Nepal Stock Exchange (NEPSE) plunged by 1. 54 points to close at 2, 733. 59 points on Tuesday.  

Similarly, the sensitive index dropped by 0. 29 points to close at 469. 07 points.

A total of 12,382,017-unit shares of 357 companies were traded for Rs 1. 56 billion.

Meanwhile, Sopan Pharmaceuticals Limited (SOPL) was the top gainer today with its price surging by 15. 00 percent.

Likewise, Crest Micro Life Insurance Limited (CREST) was the top loser as their price fell by 9. 16 percent.

At the end of the day, the total market capitalization stood at Rs 4. 66 trillion.

Construction begins on 180-MW Kaligandaki Gorge Hydropower Project

Construction of the 180-megawatt Kaligandaki Gorge Hydropower Project has officially begun in Myagdi district.

Project promoter Kaligandaki Gorge Hydropower Pvt Ltd launched the construction of a tunnel for the undertaking at Bhalebas of Annapurna Rural Municipality-4 on Monday. 

According to project director Raman Singh, the project is expected to be completed by the next four years.  

Its tunnel will be 5. 6-km long.  

A powerhouse has been proposed at Gharap of Annapurna Rural Municipality-4, while a barrage will be built at Ghansama of Thasang Rural Municipality-4.  

A civil contractor, South Asian Infrastructure, has already been mobilized in the respective sites. 

The run-of-the river project includes a one km penstock pipeline, project Chief Singh said. 

Similarly, the height of an outlet from the power house will be 480-m. 

Preparations of offices for the promoter company, contractors, the Nepal Army, residential buildings, an explosive devices storage facility have neared the final phase. 

An 8-km access road has already been constructed. Efforts are on to fix a bailey bridge at Gadpar to facilitate access to the project site.

A 220-kV transmission line with one kilometer length, stretching from Gharap to Dana has been built, and the electricity to be generated from the project will be connected to the central transmission grid.

The development of the project is estimated to cost Rs 40 billion, which is being financed by Laxmi Sunrise Bank, Himalayan Bank and Prabhu Bank under the leadership of Global IME Bank.

Locals from the affected areas will be entitled to 10 percent of the project's shares, according to the project officials.

 

Gold price increases by Rs 2, 000 per tola on Tuesday

The price of gold has increased by Rs 2, 000 per tola in the domestic market on Tuesday. 

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 301, 900 per tola today. It was traded at Rs 299, 900 per tola on Monday. 

Similarly, the price of silver has increased by Rs 20 and is being traded at Rs 4, 925 per tola today.

Mustang Customs Office collects Rs 6.66 billion in revenue

The Mustang Customs Office at Nhechu of Lomanthang-1 has collected Rs 6.66 billion in revenue till May 29. 

Such an amount of revenue was collected after the Korala border point (Nepal-China) came into full operation on September 16, 2025.  

Chief of Customs Office Bidur Chudal said that the revenue was generated, largely from the import of electronic vehicles, garments and other goods.