The Nepal Stock Exchange (NEPSE) saw a decline for two consecutive trading days this week, following the first two consecutive days of gains.
On Wednesday, November 13, the index dropped by 18.79 points to close at 2,730.16, following a loss of 11.24 points the previous day.
Earlier in the week, the index had increased by 62.54 points on Sunday and gained an additional 22.14 points on Monday.
Along with the index, the daily turnover also saw a slight dip, falling to Rs 7.91 billion compared to Rs 7.86 billion on Tuesday.
More than 14 million shares were exchanged through 72,417 transactions during the fourth trading day of the week.
The Sensitive, Float, and Sensitive Float indices all closed in the red, dropping by 1.06 percent, 0.76 percent, and 1.12 percent, respectively.
Green Development Bank Ltd. (GRDBL) and Saptakoshi Development Bank Ltd. (SAPDBL) were the top gainers, hitting the upper circuit limit. They were closely followed by Pokhara Finance Ltd. (PFL) and Makar Jitumaya Suri Hydropower Limited (MAKAR), each seeing a 9.99 percent increase in their share prices.
On the contrary, Kutheli Bukhari Small Hydropower Limited (KBSH) was the biggest loser of the day, with its share price hitting the lower circuit limit.
In terms of turnover, Janaki Finance Company Limited (JFL) topped the list, followed by Pokhara Finance Ltd. (PFL) and Saptakoshi Development Bank Ltd. (SAPDBL).
Out of the 13 NEPSE sub-indices, only four ended in the green. The Finance Index saw the highest gain of 4.20 percent, while the Trading Index recorded the steepest decline of 1.61 percent.
