KATHMANDU, FEBRUARY 18
The Nepal Stock Exchange (NEPSE) took a sharp dive of 27.21 points on the first trading day of the week, marking a 1.31% decline to settle at 2,034.82 points by the day's end. The index had dropped 14 points on Thursday.
Similarly, the sensitive index, which evaluates the performances of Class 'A' stocks, also experienced a dip of 0.91%, while the float index, measuring actively traded shares, saw a decline of 1.32%.
The fall in the index corresponded with a decrease in intraday turnover to Rs 3.7 billion, attributed to the exchange of 10,772,483 units of shares across 315 companies in 97,105 transactions. This contrasted with a daily turnover of Rs 3.8 billion on Thursday.
Today, all sectors across the market recorded losses, with the Finance sector leading the pack with a 2.70% drop, followed by the hydropower sector with a 2.15% decrease. The financial sector also topped the losers' list on Thursday with a 2.71% decline.
Despite the market turbulence, two companies-Bottlers Nepal (Balaju) Limited (BNL) and Samaj Laghubitta Bittiya Sanstha Limited (SAMAJ)-continued to witness a 10% surge in their share values, mirroring Thursday's performance. Today, only 21 companies advanced, while 225 declined, and two remained unchanged.
Meanwhile, Himalayan Reinsurance Company maintained its position as the top company in terms of turnover (Rs 409,000,252.30), volume (632,757), and transactions (18,383).
