The Nepal Stock Exchange (NEPSE) Index underwent a significant decline, recording a substantial loss of 32.77 points or 1.53% compared to the previous day’s closing, concluding at 2,109.10 points. This decline follows a positive trend in the previous trading day, which witnessed a gain of 35.39 points for the index.
The market’s opening for the day was at 2,148.16, with an intraday low of 2,102.79 and a high of 2,154.51. In today’s trading activities, 304 different stocks were exchanged in 111,980 transactions. The total volume of shares traded amounted to 17,172,149, with an overall turnover of Rs. 6.27 Arba. The market capitalization stood at Rs. 32.65 Kharba, with a float market capitalization of Rs. 11.25 Kharba.
SHIVAM CEMENTS LTD (SHIVM) dominated the market with the highest turnover, reaching Rs. 30.68 crores, and closing at a market price of Rs. 590. Notably, eight companies experienced positive circuit movements on this trading day.
However, SuryaJyoti Life Insurance Company Limited (SJLIC) and Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) faced the highest losses, declining by 7.44% and 7.26%, respectively.
Examining sector-wise performance, all sectors closed in the red, except for the “Manufacturing And Processing” and “Trading Index.” The “Manufacturing And Processing” sector observed the highest gain of 2.36%, while the “Development Bank Index” registered a loss of 3.23%.
