The Nepal Stock Exchange (NEPSE) index fell by 36.83 points, or 1.32%, on Thursday (August 29), the last trading day of the week, to close at 2,749.57 points.
The session witnessed the trade of 322 scrips in 146,204 transactions.
Over 28 million shares were traded on the day, leading to a turnover exceeding Rs 12 billion.
The market had reported a turnover of around RS 13.72 billion on Wednesday and Rs 18.46 billion on Tuesday.
Stock analysts argue that the past three days’ trend indicates sellers being dominant over buyers after the market surged by nearly 1,000 points in a short time.
The Sensitive Index and Float Index fell by 1.67% and 1.39% while the Sensitive Float Index dropped by 1.87%.
Kutheli Bukhari Small Hydropower Limited (KBSH) became the top gainer of the day, with its share price rising by 10%. Its share price has surged to Rs 2031.70 per unit.
KBSH was followed by Rasuwagadhi Hydropower Company Limited (RHPL), whose share prices grew by 9.99% to reach Rs 441.40 per unit.
On the contrary, Three Star Hydropower Limited (TSHL) hit the negative circuit as its share prices dropped by 10% to Rs 1107.9 per unit.
On the turnover front, Goodwill Finance Limited (GFCL) led the pack with over Rs 370 million in trading volume, followed by Api Power Company Ltd. (API) and Himalayan Reinsurance Limited (HRL).
In terms of sector wise performance, all sector indices closed in negative territory except for the Mutual Fund Index, which marginally grew by 0.1%.
