NEPSE Witnesses Decline in Thursday’s Trading Session

In a tumultuous trading session on Thursday, the Nepal Stock Exchange (NEPSE) experienced a significant downturn, with the benchmark index plummeting by -7.24 points to close at 2,155.82 points. The sensitive index also recorded a notable drop, shedding -2.68 points and concluding the day at 393.62 points.

Market activity remained robust, with a total of 21,125,776-unit shares from 298 companies changing hands, amounting to a transaction value of Rs 8.17 billion.

Among the noteworthy performers, Ridi Power Company Limited, Synergy Power Development Ltd, Mahuli Laghubitta Bittiya Sanstha Limited, and Ganapati Laghubitta Bittiya Sanstha Limited emerged as the top gainers, each witnessing an impressive surge of 10.00 percent in their stock prices.

Conversely, Terhathum Power Company Limited experienced a sharp decline, emerging as the top loser with its stock price falling by 9.43 percent.

As the trading day concluded, the total market capitalization of NEPSE stood at Rs 3.38 trillion, reflecting the impact of the day’s market movements on the overall valuation.

Market analysts attribute the fluctuations to a combination of global economic factors, investor sentiment, and specific company performances. Investors are urged to stay vigilant and monitor market trends closely in the coming days.