Business

NEPSE declines by 21.63 points, daily turnover drops to Rs 6.83 billion

By THT Online

Representative image. Courtesy: Freepik.com

KATHMANDU, MARCH 17

The Nepal Stock Exchange (NEPSE) index fell by 21.63 points (0.79%) on Sunday, closing at 2,714.85 points by the end of the trading session.

The Sensitive Index, which tracks class 'A' stocks, declined by 0.89%, while the Float Index, representing actively traded shares, dropped by 1.11%.

Most sectors ended in the red, except for the Trading sector, which gained 4.92%. The Development Bank sector suffered the biggest loss, falling by 2.25%.

Amid negative market sentiment, daily turnover decreased to Rs 6.83 billion, with 13,974,452 shares of 316 companies traded in 79,031 transactions.

By the end of the day, the total market capitalization stood at Rs 4.507 trillion.