The Nepal Stock Exchange (NEPSE) Index continued its downward trajectory, slipping by 25.46 points, or 0.93%, to close at 2,701.90 points. This follows a 12.10-point decline in the previous trading session.
The trading day opened with the index at 2,732.83 points, briefly reaching an intraday high of 2,760.45 points before falling to a low of 2,697.84 points. By the end of the session, the index settled at 2,701.90 points, indicating persistent pressure on the market.
Trading activity remained strong, with a total of 328 companies traded in 112,300 transactions. During the session, 22,262,924 shares were bought and sold, generating a turnover of Rs. 10.12 Arba. The overall market capitalization was recorded at Rs. 42.96 Kharba, while the float market capitalization stood at Rs. 15.11 Kharba.
CEDB Hydropower Development Company Limited (CHDC) led the day’s turnover with Rs. 42.19 Crore worth of shares traded. The company’s stock closed at Rs. 1,963 per share, making it one of the most actively traded stocks of the day.
While three scrips hit the upper circuit with a 10% gain each, Three Star Hydropower Limited (TSHL) suffered the largest drop, plunging by 10%.
Among sectors, the Microfinance Index posted a 1.21% gain, showing strength in the market. However, the Development Bank Index recorded the largest sectoral decline, falling by 2.07%, reflecting mixed market sentiment across various sectors.