KATHMANDU, MARCH 27
The Nepal Stock Exchange (NEPSE) saw a decline of 10.83 points or 0.53% on Wednesday, settling at 2,030.86 points by the close of the trading day.
Accompanying this downturn in the benchmark index, the sensitive index, which assesses the performance of class 'A' stocks, fell by 0.60%, while the float index, indicating actively traded shares, also dipped by 0.65%.
This downward trajectory was reflected across various sectors, with only the manufacturing and processing sector recording a gain of 0.91%. The finance sector emerged as the top loser with a 1.72% drop, trailed by the trading sector with a 1.60% loss, and the development bank sector with a 1.20% decrease.
In a similar tandem, market activity witnessed more declines than advances, with only 51 companies advancing, 188 declining, and six remaining unchanged. Despite this, Sarbottam Cements Limited (SARBTM) defied the trend, recording a notable 10% increase in its share values.
As a result of this trend, the daily turnover also decreased, reaching just Rs 2.2 billion, with a total of 6,047,021 units of shares from 310 companies exchanged in 44,249 transactions.
The total market capitalization stood at Rs 3.220 trillion.
