KATHMANDU, APRIL 18
The Nepal Stock Exchange (NEPSE) witnessed a downturn on Thursday, with the benchmark index experiencing a decline of 19.56 points or 0.98%, settling at 1,972.14 points by the close of trading.
Accompanying this dip, both the sensitive index, which evaluates the performance of class 'A' stocks, and the float index, which gauges actively traded shares, also saw declines of 0.86% and 0.84% respectively.
Across the board, the market leaned towards negativity, with all sectors registering losses. Among them, the microfinance sector took the hardest hit, suffering a loss of 1.72%, followed by the manufacturing and processing sector with a 1.54% dip, and the development bank sector with a 1.46% decline.
In terms of individual stock movements, 211 companies saw declines, while 27 advanced, and six remained unchanged.
The prevailing negative investor sentiment, coupled with all indices showing red, also impacted the daily turnover, which recorded just Rs 2 billion from the exchange of 5,344,613 units of shares of 315 companies in 40,912 transactions.
The total market capitalization stood at Rs 3.127 trillion amid the market's downturn.
