NEPSE: Market ends on a negative note with a 30 point drop

Nepal Stock Exchange (NEPSE), Nepal's only stock market or share market
Nepal Stock Exchange (NEPSE), Nepal’s only stock market

Kathmandu, February 1

NEPSE saw a huge drop on Thursday as it finished at 2,067.01, a 30.92 drop compared to yesterday.

As the index went down by 1.47 per cent, the share prices of 226 companies listed on NEPSE went down while only 19 went up with one remaining unchanged.

The total transaction amount today amounted to around Rs 4.18 billion, which is slightly less than yesterday’s turnover, which was around Rs 5.28 billion.

In today’s market, all groups except for finance experienced a decrease. The finance group remained in positive territory, showing a modest increase of 0.21 per cent. However, the hydropower group witnessed the most significant decline, dropping by 2.3 per cent.

Banking decreased by 14 points, development bank by 52 points, hotel and tourism by 42 points, hydropower by 62 points, life insurance by 136 points, manufacturing by 78 points, microfinance by 54 points, non-life insurance by 125 points, other sectors by 36 points, and business decreased by 0.47 points.

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