KATHMANDU, JUNE 13
The Nepal Stock Exchange (NEPSE) witnessed a downturn on Thursday, with the benchmark index dropping by 9.32 points or 0.43% to settle at 2,112.29 points by the closing bell.
Alongside the main index, the sensitive index, which measures the performance of class 'A' stocks, also experienced a decline of 0.19%, while the float index, gauging actively traded shares, decreased by 0.33%.
The market sentiment remained predominantly negative, with gains seen only in two sectors. The finance sector led with a notable increase of 2.03%, followed by the development bank sector, which gained 1.31%. Conversely, the manufacturing and processing sector and the trading sector recorded losses of 1.03% each, leading the declining sectors.
Despite the overall downturn, two specific companies, Samriddhi Finance Company Limited (SFCL) and Kutheli Bukhari Small Hydropower Limited (KBSH), stood out with a 10% increase in their share values. In contrast, Mid Solu Hydropower Limited (MSHL) experienced a significant decline, with a 10% loss reflecting the prevailing negative market sentiment.
Trading activities resulted in a daily turnover of Rs 6.443 billion, involving 14,294,712 units of shares across 313 companies in 77,400 transactions.
As of the end of the trading session, the total market capitalization stood at Rs 1.137 trillion.
