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NEPSE Index Decline: Key Points

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NEPSE trading

NEPSE Index Decline: Key Points

The NEPSE index has fallen below 2,600 points for the first time in almost two months. On Monday, it closed down by 57.03 points at 2,580.76.

  • The Sensitive Index dropped by 8.54 points, the Float Index by 3.90 points, and the Sensitive Float Index by 3.05 points.

Decline in Trading Volume:

  • The trading volume for the day was NPR 7.36 billion, involving 170.61 million shares traded 92,815 times across 312 stocks. On Sunday, the trading volume was over NPR 10 billion.

Positive Performers:

  • Shares of Atmanirbhar Microfinance Financial Institution and Himalayan Hydropower traded at a positive circuit level.

  • The share price of Janutthan Microfinance Financial Institution increased by almost 10%.

Negative Performers:

  • The share price of Goodwill Finance dropped by 9.91%.

  • The share price of Tristar Hydropower fell by about 9.5%.

Top Trades:

  • CEDB Hydropower Development Company led in trading, with shares worth NPR 311 million traded.

  • Sanima Reliance Life Insurance saw shares worth around NPR 275 million traded.

  • Nepal Finance traded shares worth about NPR 210 million.

Sub-Index Declines:

  • All 13 sub-indices experienced declines.

  • The Finance sub-index fell the most, by 5.66%.

  • Development Banks, Hotels and Tourism, Hydropower, Investment, Microfinance, Others, and Trading sub-indices declined by more than 2%.

  • Banking, Life Insurance, Manufacturing and Processing, Mutual Funds, and Non-Life Insurance sub-indices fell by more than 1%.

The NEPSE index continues to show a declining trend, with various sub-indices and stocks experiencing a downturn, reflecting uncertainty and a negative sentiment in the market.

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