Kathmandu, July 29
The NEPSE index fell by 20.63 points on Monday, closing at 2,660 points. Despite surpassing the 2,700 mark three times during the trading session, the market eventually declined.
The NEPSE index briefly reached 2,735 points within the first two minutes of trading. However, the market could not sustain this level and experienced fluctuations, ultimately closing lower.
Despite the decline in the index, the trading volume remained high, reaching Rs 19.60 billion, the highest in 35 months. Prices of 70 companies increased, 168 saw a decrease, and 4 remained unchanged.
The finance sector gained 56 points, and the hydropower sector rose by 26 points, while all other sectors saw declines. The banking sector dropped by 0.6 points, development banks by 142 points, hotels and tourism by 19 points, life insurance by 252 points, manufacturing by 137 points, microfinance by 206 points, non-life insurance by 140 points, others by 0.56 points, and trading by 176 points.
Nepal Finance recorded the highest price increase at 9.7%, followed by Mandakini Hydropower at 8.5%, Barahi Hydropower at 6.8%, Janaki Finance at 6.8%, and Ganapati Microfinance at 6.5%. Conversely, Aarambha Chautari Microfinance saw an 8.3% decrease, Bottlers Nepal Balaju 7.9%, Abhiyan Laghubitta 6.8%, and Guras Laghubitta 6.7%.
In terms of trading volume, Shivam Cement, Kumari Bank, Nepal Investment Mega Bank, Prabhu Bank, and Nepal Finance led the market.
