The Nepal Stock Exchange (NEPSE) index dropped 51.37 points on Monday, December 16, to close at 2,630.91. This followed a 33.42 points decline last Thursday, December 12, the previous trading day.
Prior to the 45.88-point gain last Wednesday, the index had declined for the five successive trading days.
The market remained closed on Sunday, December 15, due to a public holiday.
On Monday, the daily turnover, too, dropped. It exceeded Rs 5.93 billion, compared to Rs 6.14 billion on the previous trading day.
A total of over 12 million shares were traded through 67,648 transactions.
The Sensitive, Float, and Sensitive Float indices all closed in the red, decreasing by 1.51 percent, 1.84 percent, and 1.58 percent, respectively.
Kutheli Bukhari Small Hydropower Limited (KBSH) was the top gainer of the day, hitting the upper circuit limit. Joshi Hydropower Development Company Ltd (JOSHI) and Kumari Sabal Yojana (KSY) followed, with their share prices rising by 8.70 percent and 5 percent, respectively.
On the contrary, Janaki Finance Company Limited (JFL) became the biggest loser, with its share price dropping by 9.58 percent.
NRN Infrastructure and Development Limited (NRN) topped the turnover list, followed by Joshi Hydropower Development Company Ltd (JOSHI) and Janaki Finance Company Limited (JFL).
All 13 NEPSE sub-indices closed in the red, with the Mutual Fund index seeing the smallest decline of 0.91 percent, while the Finance Index posted the largest drop of 4.41percent.
