KATHMANDU, DECEMBER 27
The Nepal Stock Exchange (NEPSE) witnessed a decline of 17.23 points or 0.82% on Wednesday as the sole secondary market in the country resumed trading after a two-day public holiday on Monday and Tuesday. The benchmark index, which had closed at 2,088.07 points on Sunday, dropped to 2,070.84 points by the end of the trading day.
Simultaneously, the sensitive index, evaluating 'A' class stocks, also experienced a downturn, dropping to 387.07 points, indicating a decline of 4.25 points or 1.08%. The float index, reflecting the performance of actively traded shares, closed at 142.50 points, showing a decrease of 0.43 points or 0.30%.
The market witnessed a turbulent day, with almost all sub-indices in the negatives, except for Non-Life Insurance and Mutual Fund, which gained by 1.16% and 0.53%, respectively.
Today, only 83 companies saw an increase in their share values, while 159 declined, and five remained unchanged.
The daily turnover, which had surpassed Rs 7 billion on Sunday, sharply dropped on Wednesday as the market recorded just Rs 5.248 billion, with the exchange of 14,337,738 units of shares from 307 companies in 117,476 transactions.
Four companies - Nepal Insurance Company Ltd (NICL), Infinity Laghubitta Bittiya Sanstha Limited (ILBS), Manakamana Engineering Hydropower Limited (MEHL), and Chirkhwa Hydropower Limited (CKHL) - experienced a positive circuit break of 10% in terms of their share values. Meanwhile, only BPW Lagubitta Bittiya Sanstha Limited (BPW) recorded a negative circuit break of 10%.
Sonapur Minerals and Oil Limited (SONA) claimed the top position in terms of turnover and transactions, with its 467,990 units of shares traded 10,133 times for Rs 196,664,793.10. Himal Dolakha Hydropower Company Limited (HDPC) was the top company in volume, with 507,775 units of its shares traded. The total market capitalization was Rs 3.216 trillion.
