KATHMANDU, JANUARY 2

The Nepal Stock Exchange (NEPSE) continued to decline on the second trading day of the week, shedding 30.05 points or 1.45%, settling at 2,030.10 points by the closing bell, on Tuesday

Accompanying this dip in the benchmark index, the sensitive index, evaluating 'A' class stocks, also experienced a decline, closing at 380.53 points, reflecting a 4.54-point drop or a 1.18% decrease. Simultaneously, the float index, mirroring the performance of actively traded shares, concluded at 139.33 points, indicating a 2.18-point or 1.54% drop.

Today all subindices recorded losses with Hotels and Tourism Index leading the descent with a 3.21% loss, followed by the Life Insurance Index with a 2.99% decline and the Non-Life Insurance Index with a 2.76% drop.

Moreover, the overall market turnover experienced a decline, shifting from Monday's Rs 4.483 billion to Rs 4.044 billion. This change resulted from the exchange of 11,185,712 units of shares across 305 companies in 85,435 transactions.

Today's market trend leaned towards the negative, as 205 scrips recorded declines, while only 37 advanced, with three remaining unchanged. Notably, Chirkhwa Hydropower Limited (CKHL) emerged as the sole entity to experience a positive circuit break of 10%, while Himalayan Hydropower Limited (HHL) recorded a negative circuit break of 10%.

Among the companies, Shivam Cements Ltd (SHIVM) took the lead in total turnover, amounting to Rs 161,107,956.30. Himal Dolakha Hydropower Company Limited (HDHPC) led in terms of the number of shares traded, with 417,088 units, and Vision Lumbini Urja Company Limited (VLUCL) led in the number of transactions, totaling 8,189.

The overall market capitalization was recorded at Rs 3.153 trillion.