KATHMANDU, JANUARY 4

The Nepal Stock Exchange (NEPSE) witnessed a decline of 8.71 points, reflecting a 0.42% drop and settling at 2,049.28 by the end of the trading day on Thursday.

This downward trend extended to the sensitive index, which measures the performance of class 'A' stocks, saw a 1.33% decrease. Similarly, the float index, that gauges performances of shares actually traded, also experienced a 0.30% dip on the same day.

Despite the dip in the indices, Thursday's trading session saw a substantial surge in daily turnover, reaching Rs 5.581 billion compared to the previous day's Rs 4.048 billion. This uptick in intraday turnover resulted from the exchange of 16,052,101 units of shares from 303 companies in 108,403 transactions.

A total of 113 companies advanced, 128 declined, and five remained unchanged, presenting a volatile market landscape.

The trading index emerged as the top gainer among the four gainers in today's session, registering a 2.34% increase. It was followed by the hydropower index with 1.85%, the investment index with 1.11%, and the mutual fund index with 0.76%.

Two companies, Kalika Power Company Limited (KPCL) and Singati Hydro Energy Limited (SHEL), experienced a positive circuit break of 10% in terms of their share value during the day.

SONA continued to dominate the market, leading in turnover, volume, and transactions. The company's shares, amounting to 653,648 units, were traded for Rs 334,515,645.500 across 10,869 transactions.

The total market capitalization had reached Rs 3.183 trillion, encapsulating the overall market performance.