The Nepal Stock Exchange (NEPSE) index dropped to its lowest point in over two months on Thursday, December 19. With a 31.43-point decline, it has fallen to 2,596.82.
Previously the index had stood at 2,597.49 on October 2.
Over the past 11 trading days, the index has ended nine times in the red.
After the public holiday on Sunday, this week began with a drop of 51.37 points on Monday, a rise of 2.95 points on Tuesday, and a dip of 5.60 points on Wednesday.
However, the trading activity slightly picked up on the day with daily turnover surpassing Rs 4.76 billion, compared to Rs 4.27 billion the previous day. Over 9 million shares were traded through 55,989 transactions.
The Sensitive, Float, and Sensitive Float indices all closed in the red, decreasing by 0.96 percent, 0.65 percent, and 0.22 percent, respectively.
While Support Microfinance Bittiya Sanstha Ltd. (SMB) became the top gainer of the day, hitting the upper circuit limit, Narayani Development Bank Limited (NABBC) saw the biggest loss, with its share price dropping by 9.21 percent.
Janaki Finance Company Limited (JFL) led the turnover list, followed by Karnali Development Bank Limited (KRBL) and Nepal Finance Ltd. (NFS).
All 13 NEPSE sub-indices closed in the red. While the Mutual Fund index saw the smallest loss of 0.26 percent, the Trading Index dropped the most, by 2.73 percent.
