Kathmandu, February 9
The Nepal Stock Exchange (NEPSE) index declined by 11.49 points on Sunday, closing at 2,688 points. This marks the fourth consecutive trading day of losses.
Over the past week, the NEPSE index dropped by 14.08 points on Tuesday, 4.45 points on Wednesday, and 11.64 points on Thursday. The decline in the market has also led to a decrease in the total transaction volume, which fell from Rs 9.24 billion on the previous trading day to Rs 8.39 billion today.
On Sunday, the share prices of 68 companies increased, 168 companies declined, and 6 remained unchanged. Sector-wise, the finance sector dropped by 0.80%, manufacturing by 0.15%, microfinance by 0.25%, and trading by 1.39%. Other sectors also saw declines, including non-life insurance (0.57%), life insurance (0.76%), investment (0.39%), hydropower (0.50%), hotels and tourism (0.24%), development banks (1.35%), and banking (0.35%).
Despite the market downturn, Central Finance and Guardian Micro Life Insurance saw a 10% increase in their stock prices. Guardian Micro Life Insurance started trading today, with its share price set at Rs 331.10 per unit.
Similarly, Upakar Laghubitta and Infinity Laghubitta shares increased by 6%, while Upper Lohore Khola’s stock rose by 5.2%. On the other hand, Saptakoshi Development Bank fell by 6.5%, Sindhu Development Bank by 5.6%, and Bhugol Energy by 4.6%.
In terms of transaction volume, NRN Infrastructure, CHDC, Central Finance, Nepal Reinsurance Company, and Saptakoshi Development Bank ranked among the top companies.
