NEPSE Index Records a 0.96% Decline, Closing at 1,858.53 Points

NEPSE Index Records a 0.96% Decline, Closing at 1,858.53 Points

The Nepal Stock Exchange (NEPSE) witnessed a decline, with the index experiencing a loss of 18.06 points, equivalent to 0.96%, compared to the previous day’s closing, concluding at 1,858.53 points. This follows the trend from the preceding trading day, which incurred a loss of 17.93 points.

The trading day commenced with the index opening at 1874.24 and fluctuated between an intraday low of 1,851.32 and an intraday high of 1,876.40.

During the session, 289 different stocks were traded through 37,031 transactions, resulting in a total turnover of Rs. 1.32 arba. The float market capitalization amounted to Rs. 9.98 Kharba, and the overall market capitalization was Rs. 28.65 Kharba.

Notably, Nepal Insurance Co. Ltd Promoter Share (NICLPO) recorded the highest turnover for the day at Rs. 11.67 crores, with a market price of Rs. 423.

The day’s gainers were led by Ru Ru Jalbidhyut Pariyojana Limited (RURU), posting an increase of 5.63%. Conversely, Vijaya laghubitta Bittiya Sanstha Ltd. (VLBS), Mountain Energy Nepal Limited (MEN), and United IDI Mardi RB Hydropower Limited. (UMRH) each suffered losses of 10%.

With the exception of “Mutual Fund,” all sector indices concluded in the red. The “Mutual Fund” sector experienced the most gain, registering an increase of 0.11%, while the “HydroPower Index” witnessed a loss of 1.73%.

The trading session reflected ongoing market dynamics, with investors closely monitoring sectoral performances and individual stock movements.

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