• Finance sector suffers steepest loss at 1.22% • Turnover drops to Rs 7.67 billion amid low activity
KATHMANDU, APRIL 29
The Nepal Stock Exchange (NEPSE) Index continued its downward trend on Tuesday, falling by 15.08 points (0.57%) to close at 2,631.98. This follows Monday's decline of 14.53 points, when the index had closed at 2,647.07.
The Sensitive Index, which tracks Class 'A' stocks, dropped 0.43 percent, while the Float Index, representing actively traded shares, slipped 0.44 percent.
Market sentiment remained subdued, with all sectors closing in the red except for the Mutual Fund sector, which edged up 0.04 percent. The Finance sector recorded the largest loss of the day, down 1.22 percent.
Overall trading volume also weakened. A total of 18.49 million shares of 311 companies were traded in 66,265 transactions, generating a turnover of approximately Rs 7.67 billion - down from Rs 8.91 billion on Monday.
Out of the traded stocks, 57 gained while 188 declined. Crest Micro Life Insurance Limited (CREST) was the sole company to hit the 10 percent upper circuit, recording the day's highest gain.
Ngadi Group Power Ltd. (NGPL) led the market in trading volume and number of transactions, with 1.69 million shares exchanged in 3,907 transactions worth over Rs 21.67 million. Sanima Mai Hydropower Ltd. (SHPC) topped in turnover, with Rs 824.37 million in transactions.
By market close, NEPSE's total market capitalization stood at approximately Rs 4.376 trillion.
