On the final day of the trading week, the NEPSE index of the stock market dropped to 1965 points in Kathmandu. This represented a decrease of 3.24 points compared to the previous day. Along with the NEPSE index, the turnover also saw a decline from Rs 2.53 billion to Rs 2.36 billion.
Among the companies listed, 88 saw an increase in their value, while 149 experienced a decrease and seven remained stable. The finance group’s index saw the most significant increase of 3.13 per cent (62 points), while banking, development banks, hotel and tourism, hydropower, manufacturing, microfinance, and other groups saw a decrease in their respective indices.
Life insurance, business, and the life insurance group saw increases in their indices by 20, 3, and 43 points respectively. The price of multipurpose finance saw the highest increase by 10 per cent, followed by Pokhara Finance, Swabhiman Laguvitta, Best Finance, and Shree Investment Finance.
On the other hand, Sabaiko Laghubitta, Maikhola Hydropower, NRN Infrastructure, Manusi Microfinance, and Unique Nepal Microfinance witnessed a decrease in their prices. Pokhara Finance, Multipurpose Finance, People’s Power, Gorkha’s Finance, and IME Life Insurance were the top performers in terms of turnover.
The stock market continues to see fluctuations, with some sectors performing better than others. Investors are closely monitoring these changes and making informed decisions based on the market trends.