After a two-day surge, the Nepal Stock Exchange (NEPSE) index slipped 0.14 percent, or 3.90 points, Tuesday, June 17,  settling at 2,654.75. The dip follows marginal gains of 0.01 percent Sunday and 0.1 percent Monday.

Daily turnover, too, saw a sharp contraction, plunging to just over Rs 7.65 billion, down from Rs 13.18 billion–highest in the past three months–on Monday. Previously, it remained just above Rs 13.73 billion on March 3. On Sunday, the market had recorded turnover of Rs 11.44 billion.

Trading volume declined on the third trading day of the week. Over 16.4 million shares were traded across 70,077 transactions, compared to 33.6 million shares and 105,635 transactions the previous day.

Of the 247 listed companies traded, 99 gained while 148 declined.

All major sub-indices ended in negative territory. The Sensitive Index dropped 0.14 percent, the Float Index shed 0.15 percent, and the Sensitive Float Index slipped 0.13 percent.

Pure Energy Limited (PURE) led the gainers’ chart with a 9.99 percent rise, with its per share price reaching Rs 1,097.50. Meanwhile, Guardian Micro Life Insurance Limited (GMLI) was the biggest loser, falling 4.62 percent to Rs 2,157.10 per share.

Sanima Mai Hydropower Ltd. (SHPC) topped the turnover chart with transactions worth Rs 749.6 million. It was followed by Butwal Power Company Limited (BPCL) at Rs 603.8 million, and Ngadi Group Power Ltd. (NGPL) at Rs 461.1 million.

Only three out of 13 sectoral indices managed to stay in the green. The Microfinance Index rose the most by 1.1 percent, followed by the Hydropower Index and Trading Index with gains of 0.27 percent and 0.11 percent, respectively. On the flip side, the Hotels and Tourism Index posted the sharpest decline of 1.58 percent.

NEPSE’s total market capitalization at the end of the day stood at Rs 4,422.96 billion.