KATHMANDU, JANUARY 23
The Nepal Stock Exchange (NEPSE), which had surged by 52.36 points or 2% on Wednesday, declined by 11.10 points or 0.41% to close at 2,654.35 points on the last trading day of the week.
The Sensitive Index followed a similar trend, dropping by 0.44%, while the Float Index also recorded a 0.44% decline.
Sectoral performance was largely negative, with only two sectors-Development Bank (0.83%) and Manufacturing and Processing (0.00%)-posting gains. The Finance sector was the worst performer, losing 2.43%, while other sectors saw losses below 1%.
The daily turnover also saw a decline, reflecting the drop in the NEPSE index. Today's intraday turnover fell to Rs 7.85 billion, with 15,104,033 units of shares of 318 companies exchanged in 84,007 transactions. This was a drop from Wednesday's turnover of Rs 9.2 billion.
Despite the overall market decline, three companies-Corporate Development Bank Limited (CORBL), Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL), and Sikles Hydropower Limited (SIKLES)-recorded a 10% increase in their share values. On the other hand, Super Madi Hydropower Limited (SMHL) and Mandakini Hydropower Limited (MHL) were the worst performers, each losing 10% of their share values.
In total, 86 companies saw their share prices advance, while 149 declined, and eight remained unchanged.
The total market capitalization at the end of the trading day stood at Rs 4.402 trillion.