KATHMANDU, FEBRUARY 11

The Nepal Stock Exchange (NEPSE) saw a drop of 10.50 points on the first trading day of the week, marking a 0.50% decline, as it closed at 2,085.82 points by the end of the session.

In tandem with the benchmark index, the sensitive index, which evaluates 'A' class stocks, experienced a 1.02% decline, while the float index, indicating actively traded shares, decreased by 0.43%.

The daily turnover of Rs 4.085 billion was generated from 10,571,199 units of transactions involving 305 companies, totaling 83,877 transactions.

Today, the market predominantly displayed a negative trend, with most sectors recording losses, except for hydropower, development banks, and mutual funds, which showed gains. The hydropower sector continued to attract investors and rose 0.22%, leading the gainers.

Conversely, the manufacturing and processing sector suffered the most, plummeting by 2.88%, followed by the Hotels and Tourism sector with a 1.59% decline, and the trading index with a 1.55% decrease.

Among the companies, Samaj Laghubitta Bittiya Sanstha Limited (SAMAJ) stood out with a 10% positive circuit breaker, contrasting with NIC Asia Growth Fund-2, which experienced a 10% decrease. Out of the 305 companies, only 91 advanced, while 148 declined, and eight remained unchanged in terms of share values.

Himalayan Reinsurance Limited (HRL) continued its market dominance, leading in turnover, volume, and transactions. It traded 887,170 units of shares worth Rs 624,785,368.60, involving 12,606 transactions.

The total market capitalization on Sunday stood at Rs 3.278 trillion.