Kathmandu, December 9
The Nepal Stock Exchange (NEPSE) index dropped by 12.84 points on Monday, closing at 2,676. The decline was accompanied by a decrease in the overall trading volume. Monday’s transactions amounted to Rs 5.62 billion, a significant drop from the Rs 7.46 billion recorded the previous day.
Out of the traded stocks, 92 companies registered an increase in share prices, 138 experienced a decline, and 13 remained unchanged. Sector-wise, the production sector rose by 1.06%, the investment sector by 0.76%, and finance by 0.15%. However, other sectors posted losses, including banking, which fell by 0.46%, development banks by 0.68%, hotels and tourism by 0.83%, hydropower by 0.54%, life insurance by 1.67%, microfinance by 0.61%, non-life insurance by 1.16%, and trading by 1.30%.
Emerging Nepal recorded the highest price increase, rising by 8.7%. Other significant gainers included Mahila Laghubitta Bittiya Sanstha, which gained 7.1%, NRN Infrastructure and Development, which rose by 6.03%, and Himalayan Distillery, which increased by 5.99%. On the losing end, Khanikhola Hydropower experienced the steepest decline at 8.2%, followed by Life Insurance Corporation Nepal, which dropped by 7.2%, and Super Madi Hydropower, which fell by 3.8%.
The leading companies based on transaction volumes were NRN Infrastructure and Development, Himalayan Distillery, Joshi Hydropower, Janaki Finance, and Life Insurance Corporation Nepal. The decline in both the NEPSE index and transaction volumes reflects bearish market sentiment, with sectoral variations significantly impacting overall performance.
