Nepse Index Drops by 1.5%, Trading Volume at NPR 14.16 Billion

On Tuesday, the Nepse index closed with a significant decline after the previous trading day, Monday, saw a slight drop. The Nepse index decreased by 1.5%, closing at 2726.51 points, a reduction of 42.58 points. Similarly, the Sensitive Index fell by 7.37 points, while the Float Index decreased by 3.09 points, and the Sensitive Float Index dropped by 2.64 points.

Along with the index decline, the trading volume also saw a drop. On Monday, the total trading amount reached NPR 16.35 billion, but on Tuesday, in 142,476 transactions of 333 stocks, shares worth NPR 14.16 billion were traded, equating to 302,062,000 shares.

Among the stocks, the highest increase was seen in the share price of Sapta Koshi Development Bank, which rose by 8.56%. Similarly, shares of Daramkhola Hydro Energy and Maya Khola Hydropower saw nearly an 8% increase, while Corporate Development Bank's shares rose by 6.5%. On the other hand, shares of Om Megashree Pharmaceuticals saw the biggest drop, falling by 6.93%.

In terms of trading volume, Radhi Hydropower led the market with a transaction amount of NPR 57.85 million. Furthermore, SY Panel Nepal traded shares worth over NPR 57.5 million, and Akhuku Khola Hydropower’s trading amount surpassed NPR 51 million.

Out of the 13 subgroups, the indices of 12 saw a decline, while only one subgroup's index remained stable. The Finance subgroup saw the largest drop of 2.44%, and subgroups like Banking, Development Banks, Hotels and Tourism, Hydropower, Investment, Life Insurance, Manufacturing, Microfinance, Non-Life Insurance, and others experienced declines of over 1%.