KATHMANDU, JANUARY 21

The Nepal Stock Exchange (NEPSE) saw a decline of 25.63 points on Sunday, marking a 1.18% drop and settling at 2,130.18 by the close of the first trading day of the week.

In tandem with this downturn, both the sensitive index, which assesses 'A' class stocks, and the float index, measuring actively traded shares, also experienced declines of 1.88% and 1.38%, respectively.

The overall market trend for the day was predominantly red, with only two sub-indices making gains. The leading gainer was Other index with 1.38% gain followed by the hydropower index, indicating sustained investor interest in the hydropwer sector.

Conversely, the financial sector took a hit, with the Development Bank Index leading the losses at 2.61%, followed by the Finance Index at 2.55%, and the Banking Sub-index dropping by 2.42%.

Out of the companies listed, 64 saw an increase in their share values, while 117 experienced declines, and six remained unchanged.

The day's top three losers were all from the hydropower sector, with CEDB Hydropower Development Company Limited (CHDC) experiencing an 8.27% loss, Molung Hydropower Company Limited (MHCL) with a 7.26% decline, and Barahai Hydropower Public Limited (BHPL) facing a 6.25% loss.

The intra-day turnover for the day amounted to Rs 7.677 billion, derived from 22,820,279 units of shares across 308 companies in 166,983 transactions. This represents a decline from the turnovers of Rs 9.768 billion on Wednesday and Rs 8.174 billion on Friday.

Himalayan Reinsurance Limited (HRL) led the market in terms of turnover (Rs 567,910,241.90) and transactions (33,833). Meanwhile, Himal Dolakha Hydropower Company Limited (HDHPC) took the top spot in terms of volume (1,436,151).

The total market capitalization stands at Rs 3.345 trillion.