Kathmandu, October 24
On Thursday, the final trading day of the week, the NEPSE index dropped by 18.25 points, settling at 2,627. Along with the market index, the trading volume also decreased.
While the previous day saw transactions worth Rs 6.27 billion, today’s trading volume shrank to Rs 5.41 billion. On this day, the prices of 67 companies rose, while 170 declined, and 7 remained unchanged.
The banking sector once again contributed to the market’s decline. Despite the NEPSE index falling by only 0.68 per cent, the banking sector dropped by 1.02 per cent. Other sectors also saw declines: Development banks fell by 0.79 per cent, finance by 0.88 per cent, hotels and tourism by 0.87 per cent, investment by 0.92 per cent, life insurance by 0.52 per cent, manufacturing by 1.26 per cent, microfinance by 0.81 per cent, non-life insurance by 0.60 per cent, others by 0.65 per cent, and the trade sector by 1.93 per cent. The hydropower sector was the only one to show a positive movement, rising by 0.36 per cent.
Despite the overall decline in the banking sector, the share price of SBI Bank saw the highest increase, rising by 9.75 per cent. Other notable gainers included People’s Power, which rose by 8.05 per cent, Samriddhi Finance by 6.18 per cent, Upper Mailung Khola by 5.78 per cent, Sahaas Urja by 5.17 per cent, Super Madi Hydropower by 5.10 per cent, and Mithila Laghubitta by 4.66 per cent.
