KATHMANDU, DECEMBER 8
The Nepal Stock Exchange (NEPSE) recorded a significant drop of 45.93 points, or 1.67%, on Sunday, closing at 2,689 points by the end of trading. The Sensitive Index, which tracks the performance of class 'A' stocks, also decreased by 1.50%, while the Float Index, reflecting actively traded shares, fell by 1.65%.
The daily market turnover reached Rs. 7.46 billion, with 17,392,244 shares traded across 321 scrips in 81,404 transactions.
All sectoral indices ended in the red, with the life insurance sector experiencing the steepest decline at 3.07%, followed by the trading sector, which fell by 2.13%. The hydropower sector dropped by 1.98%, while the finance and hotels & tourism sectors both declined by 1.84%. The microfinance sector decreased by 1.50%, the investment sector by 1.33%, and the development bank sector by 1.04%.
Investor sentiment remained overwhelmingly negative, with only 27 stocks advancing, 214 stocks declining, and three remaining unchanged.
Manushi Laghubitta Bittiya Sanstha Limited (MLBS), Life Insurance Corporation (Nepal) Limited (LICN), and Joshi Hydropower Development Company Ltd (JOSHI) recorded the sharpest losses, each shedding 10% of their share values.
At the close of trading, NEPSE's total market capitalization stood at Rs. 4.460 trillion.
