KATHMANDU: Nepal Stock Exchange Ltd (NEPSE) has decreased by 3.22 points on Thursday, the last trading day of the week.
With today’s decline, the index has come down to 2731.78 points.
A total of 7.48 million shares of 233 companies traded today resulting in a transaction of Rs 3.78 billion.
Despite the rise in the hotel and tourism and other sub-indices including banking which leads the market, the decline in most of the sub-indices has led to a modest decline in NEPSE today.
The banking sub-index increased by 0.54 percent, the hotel, and tourism sub-index by 0.76 percent, and the other sub-index by 0.91 percent. Meanwhile, the trade sub-index decreased the most by 1.44 percent, while the development bank sub-index by 1.34 percent and the non-life insurance sub-index by 1.28 percent.
Similarly, the microfinance sub-index also declined by 0.97 percent. Nepal Telecom Company has led in the sluggish market. The company had a turnover of Rs 265.7 million while Mahalakshmi Development Bank had a turnover of Rs 160 million, Civil Bank Rs 147.9 million, Sana Kisan and Nabil Bank Rs 100 million each.
. Among those traded today, Samridhi Finance increased the most by 9.27 percent, followed by Samling Power by 8.17 percent, Taragaon Regency Hotel by 5.95 percent, Kumari Bank by 4.09 percent, and Century Commercial Bank by 3.86 percent. Human microfinance has been at the forefront of declining share prices. The share price of the company decreased by 6.93 percent while the share price of Sana Kisan Microfinance shrunk by 5.08 percent and Karnali Development Bank by 4.95 percent.