KATHMANDU, MARCH 25
The Nepal Stock Exchange (NEPSE) saw a decline on Monday, with a drop of 17.01 points or 0.82%, settling at 2,031.55 points by the close of the first trading day of the week.
Similarly, the sensitive index, which assesses the performance of 'A' class stocks, also experienced a decline of 1.27%, while the float index, measuring actively traded shares, fell by 1.01%.
Today, the market leaned heavily towards negativity, with all sectors except four recording losses. The Microfinance sector suffered the most, with a 2.25% loss, followed by the development bank, banking, and hydropower sectors, which experienced losses of 1.49%, 1.22%, and 1.12%, respectively.
Among the sectors that saw gains, the Manufacturing and Processing sector led with a 2.19% increase, followed by Hotels and Tourism with 0.45%, Trading with 0.30%, and Mutual Fund with 0.19% gains.
The daily turnover decreased to Rs 2.4 billion, with the exchange involving 7,061,012 units of shares from 304 companies in 44,236 transactions.
With the market predominantly on a downward trajectory, only 38 companies advanced, while 203 declined, and three remained unchanged. Notably, Bottlers Nepal (Balaju) Limited (BNL) experienced a 10% increase in its share value, whereas Kisan Laghubitta Bittiya Sanstha Limited (KLBSL) suffered a 10% loss.
Today, Gurkhas Finance Ltd (GUFL) emerged as the top company in terms of turnover, transactions, and volume, with 343,485 units of shares traded for Rs 289,025,856.90 in 1,904 transactions. The total market capitalization stood at Rs 3.221 trillion.
