KATHMANDU, JANUARY 18

The Nepal Stock Exchange (NEPSE) continued its downward trend on Thursday, witnessing a decline of 7.24 points or 0.33%, settling at 2,155.82 points by the end of the trading day.

Yesterday witnessed a notable surge in intra-day turnover, even amidst the decline in the NEPSE index. However, the momentum could not be sustained as NEPSE dropped again today, falling to Rs 8.174 billion from Wednesday's Rs 9.768 billion. This decline resulted from 21,125,776 units of shares from 298 companies being traded in 304,023 transactions.

In correlation with the benchmark index's fall, the sensitive index, evaluating the performance of class 'A' stocks, experienced a 0.67% drop. Simultaneously, the float index, reflecting actively traded shares, dropped by 0.41%.

Reflecting the overall market trend, sub-indices across the board recorded losses, with only three sub-indices - Finance index, Hydropower index, and Other index - managing to record gains. Notably, four companies - Ridi Power Company Limited (RIDI), Synergy Power Development Limited (SPDL), Mahuli Laghubitta Bittiya Sanstha Limited (MSLB), and Ganapati Laghubitta Bittiya Sanstha Limited (GMFBS) - triggered a positive circuit break of 10% in terms of their share values.

Today, out of 112 companies, the scrips of 133 declined, 112 advanced, and two remained unchanged. Himalayan Reinsurance Limited (HRL) took the lead in terms of total turnover, volume, and transactions, with 3,044,702 units of its shares traded for Rs 1,844,237,328.50 in 154,011 transactions. The total market capitalization for the day was recorded at Rs 3.386 trillion.