KATHMANDU: The Nepal Stock Exchange (NEPSE) index fell to 2,704 points on Monday, marking a decline of 10.14 points compared to the previous day’s close.
The drop in the index was accompanied by a decrease in both trading volume and market value.
On Monday, the turnover fell to Rs 5.40 billion, down from Rs 6.83 billion recorded the previous day.
While 85 companies saw an increase in their stock value, 145 companies experienced a decline, and 13 companies remained unchanged.
The trade sector led the market decline, falling by 3.38% as the value of large-cap companies dropped significantly.
Similarly, the banking sector saw a minor decrease of 0.21%, while development banks experienced a sharper decline of 0.92%. Other sectors such as hydropower, life insurance, microfinance, non-life insurance, and the “others” category also posted losses, with drops ranging from 0.01 to 0.56%.
In contrast, some sectors performed well. The manufacturing and processing sector rose by 0.44%, followed by a 0.18% increase in both the investment and hotel and tourism sectors. The finance sector also saw a slight rise of 0.12%.
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