The stock market declined on the last trading day of the week, Thursday. The Nepal Stock Exchange (NEPSE) index dropped by 12.84 points, settling at 2,669 points.
Along with the market index, the total transaction amount also decreased. While transactions worth Rs. 5.14 billion were recorded on the previous day, Thursday’s transactions shrank to Rs. 4.56 billion.
Out of the total transactions, 25% of companies saw an increase in share prices, whereas most companies experienced a decline. Among the 244 companies traded, 62 companies’ shares rose, while 175 companies saw a decline. The share prices of seven companies remained unchanged.
Only the Trading sector remained in the green, registering a 0.26% increase. All other sub-indices ended in the red. The Finance sector saw the biggest decline, falling by 1.26%. The Banking sector decreased by 0.48%, Development Bank by 0.18%, Hotel & Tourism by 0.48%, Hydropower by 0.69%, Investment by 0.22%, Life Insurance by 0.04%, Manufacturing by 0.70%, Microfinance by 0.66%, Non-life Insurance by 0.89%, and Others by 0.59%.
Among individual stocks, Dolti Power recorded the highest gain, rising by 7.5%. Other notable gainers included Asian Hydropower at 5.4%, Sindhu Development Bank at 4.9%, Guardian Micro Life Insurance at 4.4%, and Swetganga Hydropower at 4.2%.
Conversely, Mithila Laghubitta and Bhugol Energy saw the biggest losses, each declining by 10%.
In terms of trading volume, Nepal Reinsurance topped the list, followed by Himalayan Reinsurance, Sindhu Development Bank, United Modi Hydropower, and Ghalemdi Hydropower.
