The Nepal Stock Exchange (NEPSE) Index extended its downward trend for the fourth straight trading day on Sunday, May 4, slipping by 1.18 points, or 0.04%, to close at 2,622.65.

Previously, the benchmark index declined 0.30% last Wednesday, 0.57% last Tuesday, and 0.54% last Monday. The market was closed on Thursday for International Labour Day.

Investor participation also declined, with total turnover falling to just over Rs 9.24 billion—down from Rs 9.37 billion the previous day. More than 21.9 million shares changed hands in 81,985 transactions.

Of the 245 traded companies, 117 ended in the green, while 128 recorded losses.

Among key indices, the Sensitive Index dipped 0.04%, the Sensitive Float Index edged up by 0.12%, and the Float Index remained flat.

Three stocks—Nepal Micro Insurance Company Ltd. (NMIC), Crest Micro Life Insurance Ltd. (CREST), and Om Megashree Pharmaceuticals Ltd. (OMPL)—hit the upper circuit limits to top the gainers list. Upper Solu Hydro Electric Co. Ltd. (USHEC) closely followed, climbing 9.99%.

On the losing side, Wean Nepal Laghubitta Bittiya Sanstha Ltd. (WNLB) emerged as the biggest loser, plunging 10%.

Sanima Mai Hydropower Ltd. (SHPC) posted the highest turnover of the day, followed by Ngadi Group Power Ltd. (NGPL) and Radhi Bidyut Company Ltd. (RADHI).

Sector-wise, only five of NEPSE’s 13 sub-indices posted gains. The Manufacturing and Processing Index led the way, rising 0.62%, while the Finance Index saw the steepest drop at 1.30%.

At the end of the day, total market capitalization stood at approximately Rs 4.35 trillion—marginally lower than the previous session's Rs 4.36 trillion.