KATHMANDU, MARCH 20
The Nepal Stock Exchange (NEPSE), serving as the country's sole secondary market, saw a slight dip of 3.34 points or 0.16%, settling at 2,063.95 points by the close of trading on Wednesday.
Similarly, the sensitive index, assessing the performance of 'A' class stocks, experienced a decrease of 0.09%, while the float index, reflecting actively traded shares, also saw a decline of 0.14%.
Amidst the downturn in the benchmark and other indices, various sectors across the market faced a downturn, except for Microfinance, mutual fund, and trading sectors. Notably, the Microfinance sector saw a significant gain of 2.51%. Conversely, while all other ten sectors saw losses below one percent, the Manufacturing and Processing sector bore the brunt with a significant drop of 1.45%.
Despite the market's overall decline, 94 companies managed to advance, while 147 companies witnessed a decline, and four remained unchanged. Notably, Gurkhas Finance Ltd (GUFL) and Buddha Bhumi Nepal Hydropower Company Limited (BNHC) stood out, recording a remarkable 10% gain in their share values.
Today, the daily turnover was recorded at Rs 3.4 billion, resulting from the exchange of 9,445,697 units of shares belonging to 305 companies across 60,016 transactions.
