KATHMANDU, MARCH 3

The Nepal Stock Exchange (NEPSE) experienced a decline on Sunday, shedding 11.78 points, marking a 0.59% decrease, ultimately settling at 1,960.30 points as the curtain fell on the first trading day of the week. This followed a substantial drop of 28.68 points witnessed on Thursday.

In the wake of the benchmark index's descent, the sensitive index, which measures the performance of class 'A' stocks, also dipped by 0.54%, while the float index, assessing actively traded shares, saw a 0.62% decline.

Today, the market displayed predominantly negative trends, with only two sectors, namely hotels and tourism, and manufacturing and processing, managing to maintain resilience, posting gains of 0.54% and 0.66%, respectively.

Conversely, the trading sector and the Others sector emerged as the top losers, witnessing declines of 2.52% and 1.02% in the market today.

Furthermore, the daily turnover registered a decline, recording Rs 2.08 billion from the exchange of 5,574,207 units of shares across 309 companies in 45,442 transactions. This marked a decrease from the intra-day turnover of Rs 2.5 billion observed on Thursday.

Amidst the prevailing downward trend in the market today, only 67 companies managed to advance, while 173 companies faced declines, and eight remained unchanged.

Sonapur Mills and Oil Limited (SONA) continued to dominate in terms of turnover, boasting Rs 132,049,540.40, and volume, with 292,326 units of shares traded. Meanwhile, Himalayan Reinsurance Limited (HRL) led in transactions, tallying 2,817.

The total market capitalization stood at Rs 3.081 trillion.