KATHMANDU, DECEMBER 16

The Nepal Stock Exchange (NEPSE) experienced a significant drop of 51.37 points (1.91%) on Monday, closing at 2,630.91 points. This decline follows a 33.42-point loss on Thursday.

The Sensitive Index, which tracks class 'A' stocks, fell by 1.51%, while the Float Index, representing actively traded shares, dropped by 1.84%.

The daily turnover also declined to Rs 5.93 billion, down from Rs 6.14 billion on Thursday, with 12,745,777 shares traded across 304 scrips in 67,648 transactions.

Sectoral Performance:

All sectoral indices ended in the red, led by the Finance sector with a 4.41% loss, followed by the Trading sector (-3.55%), Hydropower sector (-2.36%), Hotels and Tourism sector (-2.31%), and Development Bank sector (-2.03%).

Individual Stock Movements:

Out of 304 scrips, only 15 stocks advanced, while 227 declined, and two remained unchanged. Despite the broader market downturn, Kutheli Bukhari Small Hydropower Limited (KBSH) saw a 10% surge in share value, marking the sole stock to hit the daily permissible upper circuit limit.