Kathmandu, November 21
The stock market witnessed a decline across all indices on Thursday, the last trading day of the week. The NEPSE index dropped by 31.31 points, closing at 2,680.
Despite the decline in indices, trading volume showed a slight increase. Transactions amounted to Rs 8.25 billion, compared to Rs 7.09 billion the previous day. While 43 companies saw their share prices rise, 197 recorded declines and 4 remained unchanged.
The finance sector index suffered the most significant drop, falling by 2.86%. Other sectors also experienced declines: banking (-0.90%), development banks (-1.47%), hotels and tourism (-1.73%), hydropower (-0.90%), investment (-0.90%), life insurance (-1.36%), manufacturing (-1.54%), microfinance (-0.68%), non-life insurance (-1.16%), others (-1.67%), and trading (-0.98%).
Two companies, Samudayik Laghubitta and Three Star Hydropower, recorded a 10% increase in share prices. Similarly, Mahuli Laghubitta rose by 6.11%, Dhaulagiri Laghubitta by 5.49%, and River Falls Power by 5.33%.
Conversely, Janaki Finance’s share price fell by 10%. Narayani Development Bank (-7.26%), Supermai Hydropower (-7.14%), and Support Microfinance (-7%) were among the notable decliners.
In terms of transaction volume, Nepal Finance, Ngadi Group Power, Rasuwagadhi Hydropower, Himalayan Energy Development Company, and Karnali Development Bank led the market.
