Kathmandu: The Nepal Stock Exchange (NEPSE) index has seen a double-digit decline, with the transaction amount surpassing Rs 26.5 billion. The NEPSE index decreased by 18.44 points, settling at 2,964.20. Today, a total of 50.86 million shares of 323 companies were traded 203,658 times.
According to National News Agency Nepal, today’s trading amount is the highest in nearly 11 months. The shares of the development bank group increased by 1.23 percent, production and processing group by 0.08 percent, mutual funds by 0.39 percent, and trade group by 1.44 percent, while the indicators of all other groups have decreased. The shares of the banking sector decreased by 0.71 percent, finance by 1.99 percent, hotels and tourism by 1.79 percent, hydropower by 0.09 percent, investment by 1.66 percent, life insurance by 1.35 percent, non-life insurance group by 0.67 percent, and other groups by 0.86 percent.
In today’s trading, the shares of Samata Microfinance Financial Institution Limited and Trade Tower Limited have experienced a positive circuit. The stock price of Narayani Development Bank Limited has decreased the most, by 6.34 percent. In terms of transaction amount, the highest trading today has been of Shivam Cement Limited, amounting to Rs 1.20 billion.