The Nepal Stock Exchange (NEPSE) index, which had gained 45.88 points on Wednesday after five consecutive days of decline, dropped by 33.42 points on Thursday, December 12 to close at 2,682.29.
Daily turnover, however, surged on the final trading day of the week, exceeding Rs 6.14 billion, compared to Rs 5.05 billion the previous day. More than 12 million shares were traded through 567,128 transactions in the session.
All three major indices closed in negative territory. The Sensitive Index and Float Index each declined by 1.38 percent, while the Sensitive Float Index dropped by 1.45 percent.
Trishuli Jal Vidhyut Company Limited (TVCL) became the top gainer of the day, with an 8.55 percent increase. It was followed by Narayani Development Bank Limited (NABBC) and RBB Mutual Fund 2 (RMF2), which saw gains of 7.54 percent and 7.24 percent, respectively.
On the other hand, Janaki Finance Company Limited (JFL) became the biggest loser of the day, with its share price falling by 7.41 percent.
Despite the loss, Janaki Finance Company Limited (JFL) led the turnover chart, followed by Sarbottam Cement Limited (SARBTM) and Joshi Hydropower Development Company Ltd (JOSHI).
Of the 13 sub-indices on NEPSE, only two ended the day in positive territory. The Mutual Fund Sub-index saw the largest gain of 0.39 percent, while the Finance Index posted the biggest loss of 2.54 percent.