Kathmandu, January 26
The NEPSE index dropped by 10.41 points on Sunday, the first trading day of the week, closing at 2,643 points.
Despite the decline in the index, the trading volume increased significantly. Transactions totaled Rs 9.12 billion, up from Rs 7.85 billion on the previous trading day.
Out of the traded companies, the stock prices of 116 increased, 121 declined, and 6 remained unchanged. The finance sector saw the sharpest decline, plunging by 4.74%. In contrast, development banks rose by 0.59%, hydropower by 0.54%, microfinance by 0.75%, and others by 0.03%. However, sectors like banking (-0.89%), hotels and tourism (-0.27%), investment (-0.50%), life insurance (-0.61%), manufacturing (-1.66%), non-life insurance (-0.67%), and trading (-0.75%) recorded losses.
Among the top gainers, Upakar Microfinance and Upper Mailung Khola Hydropower saw their share prices increase by 10%. Corporate Development Bank gained 9.88%, Aarambha Chautari Microfinance rose by 9.68%, and Sikles Hydropower advanced by 8.6%.
Conversely, the shares of four companies fell by the maximum 10% limit: Bottlers Nepal Balaju, Dolti Power, Janaki Finance, and Dhaulagiri Microfinance. Nepal Hydro Developers lost 8.60%, Nepal Finance declined by 8.21%, and Samriddhi Finance dropped by 7.93%.
In terms of transaction volume, Saptakoshi Development Bank, Nepal Reinsurance Company, NRN Infrastructure, Sindhu Development Bank, and CHDC led the market.
