The market index (NEPSE) saw a significant drop on Thursday. After declining for four consecutive days, NEPSE had risen on Wednesday but fell again on Thursday. On Wednesday, NEPSE had increased by 45 points.
On Thursday, NEPSE dropped by 33.42 points, reaching 2682.29 points. Overall, this week NEPSE has decreased by 68 points.
The Nepal Stock Exchange reported that Thursday’s trading volume was NPR 6.14 billion, compared to NPR 5.05 billion the previous day.
Out of the 304 companies that traded on Thursday, 40 saw their values increase, while 204 experienced losses.
In the sector performance, the production sector increased by 0.38%, while all other sectors declined. The banking sector fell by 1.72%, development banks by 1.55%, finance by 2.64%, hydropower by 0.99%, investment by 1.18%, life insurance by 1.37%, microfinance by 0.69%, non-life insurance by 0.92%, others by 0.99%, and trade by 1.26%.
Among individual stocks, the share of Trishuli Hydroelectric increased the most by 8.55%, while Narayani Development Bank rose by 7.54%. Janaki Finance’s shares, however, fell by 9.99%.
In terms of trading volume, Janaki Finance, Best Cement, Joshi Hydropower, Molung Hydropower, and United ID Madi led the market.
