KATHMANDU, DECEMBER 5
The Nepal Stock Exchange (NEPSE) continued its downward trajectory, witnessing a double-digit decline of 10.10 points or 0.54%, settling at 1,837.71 points, on Tuesday.
Despite the significant drop in the benchmark index, the daily turnover continued its upward trend, surging to Rs 1.544 billion. This came from a total of 4,698,682 units of shares from 292 companies, exchanged through 38,584 transactions. The daily turnover on Monday was Rs 1.197 billion.
The total market capitalization had reached Rs 2.833 trillion.
Meanwhile, the sensitive index, evaluating the performance of 'A' class stocks, also continued its decline, dropping by 0.60%, equivalent to 2.14 points, closing at 351.07 points. Similarly, the float index, reflecting the performance of actively traded shares,too experienced a decline of 0.43%, or 0.55 points, settling at 126.91 points.
Today, only the Life Insurance index showed positivity, gaining 0.16%. Conversely, the Manufacturing and Processing index was the top loser with a 2.57% drop, followed by the Hotels and Tourism, and Trading sub-indices with drops of 1.71% and 1.11% respectively.
In today's trading, majority of companies experiencing losses in terms of their share values, with 62 companies advancing, 161 declining, and 14 remaining unchanged.
During today's trading session, Mountain Energy Nepal Limited (MEN) emerged as the leading company in terms of turnover and volume, with 831,350 units of its shares traded for Rs 362,957,624.10. Additionally, Sonapur Minerals and Oil Limited (SONA) topped the charts in terms of transactions, recording 3,768.
Singati Hydro Energy Limited (SHEL) claimed the position of top gainer, while Bishal Bazaar Company Limited (BBC) suffered as the top loser.
