KATHMANDU, SEPTEMBER 4
The Nepal Stock Exchange (NEPSE) witnessed a sharp decline on Wednesday, falling by 90.73 points or 3.20%, pushing the index below the 2,800-point mark. By the end of the trading session, NEPSE closed at 2,739.46 points.
In line with the benchmark index, the Sensitive Index, which tracks 'A' class stocks, also dropped by 3.23%. Interestingly, the Float Index, which measures the performance of actively traded shares, also saw an increase of 3.23%.
The market's daily turnover stood at Rs 12.9 billion, resulting from the exchange of 26,584,192 units of shares across 320 companies, with 137,163 transactions.
All sectors recorded losses today, with the Finance sector experiencing the most significant decline of 5.15%, followed by the Hotels and Tourism sector, which fell by 4.47%.
Out of the total traded companies, 213 saw their stock prices decline, while only 31 advanced, and one remained unchanged. Notably, four companies managed to record a 10% increase in their share values, whereas Kumari Equity Fund (KEF) was the only entity to suffer a 10% loss.
The total market capitalization at the close of the trading day was Rs 4.350 trillion.
