KATHMANDU, JULY 30

The Nepal Stock Exchange (NEPSE) Index faced yet another day of decline, marking the fifth consecutive day of losses as it closed at 2,100.34 points. Today's trading session saw the index plunge further by 26.14 points or 1.22% compared to the previous day's closing. This follows a sharp decline of 29.71 points observed on Thursday, adding to a total decline of 126.81 points over the past five trading days.

The session began with the index opening at 2,126.85 and briefly touching an intraday high of 2,138.67. However, the market exhibited a downward momentum throughout the trading session, reaching an intraday low of 2,091.50, before finally settling at the closing value of 2,100.34.

Trading activity remained active, with a total of 266 scrips being exchanged through 46,327 transactions. An impressive volume of shares, amounting to 6,860,042, were traded, resulting in a substantial turnover of Rs. 2.5 Arba.

The Float index experienced a decline of 1.25%, currently standing at 145.48, while the Sensitive index also saw a decrease of 1.03%, settling at 399.66.

Market capitalization took a hit, standing at Rs. 30.87 Kharba, with the float market capitalization at Rs. 10.92 Kharba. Notably, the market capitalization of a week ago (Sunday) was recorded at Rs. 32.72 Kharba, indicating a significant loss of Rs. 1.85 Kharba in just a week.

Amidst the market downturn, SHIVAM CEMENTS LTD (SHIVM) recorded the highest turnover, with an impressive amount of Rs. 14.78 crores, and closed at a market price of Rs. 602. The shares of SHIVM were the most traded.

People's Power Limited (PPL) recorded the highest gain of 3.56% for the day, while Manakamana Smart Laghubitta Bittiya Sanstha Limited (MKLB) experienced the highest decline of 6.78%.

In terms of sector indices, only the 'Mutual Fund' sector closed in the green with a gain of 0.32%, while the 'Finance' sector registered the highest loss of 2.32%. The 'Manufacturing and Processing' sector showed relatively better resilience, declining by 0.57%.