NEPSE Index Drops by 4.59 Points on First Trading Day

On the first trading day of the week, the Nepal Stock Exchange (NEPSE) witnessed a mixed bag of performances, with the NEPSE index dropping by 4.59 points, marking a decrease of 0.22% from its previous close, settling at 2073.19 points by the market close.

Trading activities were robust, with shares worth Rs 5.19 billion exchanged hands, totaling 10,452,128 shares traded in 69,219 transactions.

Out of the 313 companies listed on NEPSE, the share prices of 97 companies surged, while 147 companies experienced a decline, and the share prices of 3 companies remained unchanged.

Furthermore, the Sensitive Index fell by 2.15 points, the Float Index by 0.48 points, and the Sensitive Float Index by 0.84 points.

Among the various sectors, 5 sectors observed an increase in their share prices, whereas 7 sectors witnessed a decline. Notably, the Hotels & Tourism sector led the gainers with a remarkable increase of 155.09 points, while the Life Insurance sector faced the most significant drop, decreasing by 69.66 points.

In an interesting turn of events, shares of Emerging Nepal, Shubham Power, City Hotel, Kutheli Bukhari Small Hydropower, Bhagwati Hydropower Development, and Samling Power Company surged by 10%, hitting the positive circuit breaker, indicating investor interest in these companies.