The Nepal Stock Exchange (NEPSE) dropped by 90.73 points, or 3.20%, on Wednesday, to close the trading at 2,739.46 points.
The total turnover for the day fell to Rs 12.92 billion, with 26,584,192 units of shares traded across 320 companies and 137,163 transactions. The market capitalization stood at Rs 4.35 trillion.
The sensitive index also fell by 16.31 points, to 488.71 points.
Among the traded stocks, 31 companies saw price hike, 213 experienced decline, and one remained unchanged.
Notable performers included Excel Development Bank Ltd. (EDBL), Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB), Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL), and Samaj Laghubitta Bittiya Sanstha Limited, all of which saw their prices rise by 10.00 percent. Conversely, Kumari Equity Fund (KEF) faced the largest drop, with a 10.00 percent decrease.
All sector indices ended in negative figures, with the Finance Index experiencing the largest drop of 5.15%. The Mutual Fund Index had the smallest decline, falling by 1.37%.
Nepal Finance Ltd. (NFS) led the market in turnover, followed by Excel Development Bank Ltd. (EDBL), Himalayan Reinsurance Limited (HRL), NLG Insurance Company Ltd. (NLG), and Sanima Reliance Life Insurance (SRLI).