The Nepal Stock Exchange (NEPSE) index has been experiencing a continuous decline for the past six days. The index, which started falling from last Monday, continued its downward trend today as well.
Following a drop of 20.68 points today, the NEPSE index settled at 2,751.42 points. According to NEPSE, a total of 15,094,915 shares from 311 companies were traded 87,156 times, amounting to a total transaction value of NPR 8.37 billion.
Among the market sectors, only the “Others” group showed a slight increase of 0.08%, while all other sub-indices declined.
The biggest losses were seen in the Mutual Fund sector (-3.06%), Trade (-1.65%), Manufacturing & Processing (-1.15%), Hydropower (-1.16%), and Investment (-1.51%).
Similarly, the Banking sector dropped by 0.44%, Development Banks by 0.73%, Finance by 0.70%, Hotels & Tourism by 0.99%, Life Insurance by 0.41%, Microfinance by 0.63%, and Non-Life Insurance by 0.68%.
In terms of transaction value, Nepal Reinsurance Company Limited recorded the highest trading volume, with shares worth NPR 735.09 million changing hands.
Based on the number of shares traded, Ghalemdi Hydro Limited had the highest activity, with 1,163,855 shares bought and sold.