The Nepal Stock Exchange (NEPSE) has declined for the fourth straight day, with the index dropping by 2.70 points on Thursday compared to the previous day. Following this decline, the NEPSE index now stands at 2,818 points.
Trading volume has also decreased, with the total trading amount falling from Rs 10.97 billion the previous day to Rs 10.10 billion. A total of 99 companies saw an increase in share prices, while 132 companies experienced a decline, and 12 remained stable.
Among the sectors, the development bank sector recorded the highest increase of 1.86 percent. The banking sector rose by 0.03 percent, manufacturing and processing by 0.24 percent, and microfinance by 0.05 percent. Meanwhile, the finance sector declined by 0.23 percent, hotel and tourism by 0.57 percent, hydropower by 0.06 percent, investment by 0.14 percent, life insurance by 0.80 percent, non-life insurance by 0.04 percent, other sectors by 0.71 percent, and trade by 0.24 percent.
The share prices of Guardian Micro Life Insurance, Bhugol Energy Development Company Pvt Ltd, and Upakar Laghubitta Bittiya Sanstha Limited increased by 10 percent. Rapti Hydropower rose by 9.91 percent, while Mahalaxmi Bikas Bank saw a 7.84 percent increase. On the other hand, Gurans Laghubitta Bittiya Sanstha Ltd declined by 7.6 percent, and Life Insurance Corporation dropped by 6.35 percent.
Two reinsurance companies, Himalayan Reinsurance and Nepal Reinsurance, recorded turnovers exceeding Rs 1 billion each. Himalayan Reinsurance had a turnover of Rs 1.12 billion, while Nepal Reinsurance saw Rs 1.08 billion. Other companies with high trading volumes included NRN Infrastructure and Development Limited, Ghalemdi Hydro Limited, and First Microfinance Laghubitta Bittiya Sanstha Ltd.
