On the first day of this week, the Nepal Stock Exchange (NEPSE) index saw a drop in high figures, and on Monday, for the second consecutive day, it showed a decline with a double-digit fall.
The NEPSE index dropped by 12.84 points, settling at 2,276.15 points.
This day, shares of 317 companies, totaling 11,523,300 shares, were bought and sold 62,758 times, amounting to a total transaction value of NPR 5.629 billion.
On Monday’s trading, the finance sector increased by 0.15%, investment by 0.76%, manufacturing and processing by 1.06%, mutual funds by 0.14%, and other sectors by 0.11%. However, all other sectors saw a decline in their sub-indexes.
The banking sector decreased by 0.46%, development banks by 0.68%, hotels and tourism by 0.83%, hydropower by 0.54%, and life insurance by 1.67%.
Similarly, the microfinance sector dropped by 0.61%, non-life insurance by 1.16%, and trade by 1.30%.
Emerging Nepal Limited’s share price increased the most by 8.76%.
On the other hand, the share price of Swabhimaan Microfinance Financial Institution Limited experienced a negative circuit breaker, making it the largest drop in the market.
In terms of trading volume, the highest transaction was of NRN Infrastructure and Development Limited, with a total transaction worth NPR 352.7 million.
In terms of share numbers, the most traded stock was RBB Mutual Fund- with 517,400 shares bought and sold.
