The Nepal Stock Exchange (NEPSE) index dropped by 5.60 points on Wednesday, December 18, closing at 2,628.26. This drop follows a 2.95-point increase on Tuesday, December 17, which came after a sharp decline of 51.37 points on Monday, December 16, the first trading day of the week, and a 33.42-point drop on Thursday, December 12.
The market was closed on Sunday, December 15, due to a public holiday.
Before the index gained 45.88 points last Wednesday, December 11, it had experienced declines for five consecutive trading days.
Along with the index's decline, trading activity also showed a slight downturn on Wednesday. Daily turnover decreased to Rs 4.27 billion compared to Rs 4.34 billion on the previous trading day.
Over 8 million shares were traded through 49,421 transactions.
The Sensitive, Float, and Sensitive Float indices all closed in the red, decreasing by 0.33 percent, 0.22 percent, and 0.28 percent, respectively.
Upakar Laghubitta Bittiya Sanstha Limited (ULBSL) and Support Microfinance Bittiya Sanstha Ltd. (SMB) were the top gainers of the day, both hitting the upper circuit limit. Manushi Laghubitta Bittiya Sanstha Limited (MLBS) and Sikles Hydropower Limited (SIKLES) followed, with share prices rising by 9.44 percent and 8.11 percent, respectively.
On the other hand, Kutheli Bukhari Small Hydropower Limited (KBSH) saw the biggest loss, with its share price dropping by 9.90%.
Janaki Finance Company Limited (JFL) led the turnover list, followed by River Falls Power Limited (RFPL) and NRN Infrastructure and Development Limited (NRN).
Janaki Finance Company Limited (JFL) led the turnover list, followed by River Falls Power Limited (RFPL) and NRN Infrastructure and Development Limited (NRN).
Of the 13 NEPSE sub-indices, only three closed in the green. The Finance Index saw the largest gain, rising by 1.07%, while the Hotels and Tourism Index posted the highest loss, dropping by 0.42%.
