The Nepal Stock Exchange (NEPSE) index closed 0.08 percent, or 2.35 points, lower Thursday, September 25, at 2,652.
The benchmark had shed 1.03 percent on Wednesday after a sharp 2.23 percent rally earlier in the week. Market volatility has persisted since trading resumed on September 18, when the index tumbled nearly 6 percent following the Gen Z-led protests that toppled the KP Oli government. The index bounced back 4.44 percent Sunday, September 21, while the market remained shut on Monday for Ghatasthapana, the first day of Dashain.
Turnover continued to weaken, slipping to Rs 3.26 billion Thursday from Rs 4.12 billion Wednesday and Rs 5.29 billion Tuesday. A total of 7.95 million shares were traded across 37,562 transactions.
All key sub-indices ended lower: the Sensitive and Sensitive Float indices each edged down 0.02 percent, while the Float Index lost 0.11 percent. Of the 251 listed companies traded, 107 advanced, 139 declined, and five remained unchanged.
Him Star Urja Company Limited (HIMSTAR) hit the upper circuit to emerge as the day’s top gainer, while City Hotel Limited (CITY) plunged 7.55 percent to become the biggest loser.
In terms of turnover, Nepal Reinsurance Company Limited (NRIC) led with Rs 309.03 million, followed by Union Hydropower Limited (UNHPL) at Rs 183.43 million and Himalayan Reinsurance Limited (HRL) at Rs 113.82 million.
Among the 13 sectoral indices, only four closed higher. The Trading Index posted the biggest gain, up 1.36 percent, while Hotels & Tourism suffered the steepest fall, down 1.49 percent.
Market capitalisation fell to Rs 4,433.44 billion from Rs 4,437.38 billion Wednesday.
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