Nepal’s stock market has remained range-bound over the past six trading days, with the NEPSE index moving within a narrow band and showing no clear directional trend.
The benchmark index has largely stayed indecisive since April 10, when it closed at 2,837.78 points.
On Monday, April 20, the index fell 13.17 points, or 0.46 percent, to close at 2,825.23, reversing a modest 0.18 percent gain recorded last Friday.
Last week saw mixed movements. The index slipped 0.14 percent on Monday, rose 1.17 percent on Wednesday, and declined 1.18 percent on Thursday.
Turnover also weakened, falling to Rs 5.43 billion on Monday from Rs 7.46 billion in the previous session.
Of the 268 stocks traded, 197 declined, 65 advanced, and six remained unchanged.
Broader market indicators also fell, with the Float Index down 0.62 percent, the Sensitive Index 0.67 percent, and the Sensitive Float Index 0.76 percent.
Sectoral performance was largely negative, with only trading and hotel & tourism posting gains. Banking, investment, and manufacturing & processing led the losses, each declining 0.84 percent. The hotel & tourism index rose 1.01 percent, while the trading index edged up by 0.50 percent.
Among individual stocks, SuryaKunda Hydroelectric and Hotel Forest Inn rose 15 percent each, hitting the revised upper circuit limit. Palpa Cement Industries and Shikhar Power Development gained 14.99 percent.
Dolti Power Company was the biggest loser, falling 5.35 percent.
Hotel Forest Inn led the turnover chart with transactions worth over Rs 360.1 million, followed by Solu Hydropower and National Hydropower Company (NHPC).
Total market capitalisation declined to Rs 4,818.57 billion from Rs 4,841.03 billion at the close of last Friday’s session.
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