KATHMANDU, OCTOBER 2

The Nepal Stock Exchange (NEPSE) index closed at 2,597.49 points today, experiencing a decline of 26.07 points, or 0.99%.

The Sensitive Index, which evaluates the performance of class 'A' stocks, also fell by 0.87%. The Float Index which gauges the actively traded shares also decreased by 0.91%.

The total turnover for the day reached Rs 6.77 billion, with 15.19 million shares traded across 83,081 transactions involving 310 different scrips. The daily turnover was recorded at Rs 7.616 billion.

Among individual stocks, Three Star Hydropower Limited (TSHL) gained 10%, while Wean Nepal Laghu Bitta Bittiya Sanstha Limited (WNLB) lost 10%. Overall, 54 companies saw their stock prices advance, 186 declined, and 3 remained unchanged.

In terms of sectoral performance, the Banking SubIndex fell by 0.71%, the Development Bank Index dropped by 1.38%, while the Finance Index was the only sector to show positive movement, rising to 1.75%. The Hotels and Tourism Index closed by 1.79%, the Hydropower Index by 1.74%, and the Investment Index by 1.52%. The Life Insurance Index dropped by 0.40%, while the Manufacturing and Processing Index fell by 1.79%. The Microfinance Index closed by 1.12%, the Mutual Fund Index by 0.41%, and the Non-Life Insurance Index by 1.82%. The Others Index experienced a slight decline by 0.03%, and the Trading Index fell by 1.18%.

Today's market witnessed a broad-based decline across most sectors, with the Finance Index being the only sector to post gains, while the majority of sectors closed in negative territory.

The total market capitalization stood at Rs 4.13 trillion.