NEPSE Turns Red Again; Turnover Falls to Rs 2.45 Billion

The Nepal Stock Exchange (NEPSE) index, which returned to positive territory on the final trading day of last week after three consecutive sessions of decline, slipped back into the red on Monday, May 18.

The benchmark index fell 0.03 percent, or 1.03 points, to close at 2,730.91. On Friday, May 15, the index had inched up 0.06 percent following consecutive declines of 0.36 percent on Thursday, 0.15 percent on Wednesday, and 1.41 percent on Tuesday.

A total of 5.82 million shares were traded through 43,309 transactions, generating a turnover of Rs 2.45 billion, down from Rs 3.04 billion recorded last Friday.

Despite the benchmark decline, all major sub-indices closed in positive territory. The Sensitive Index gained 0.10 percent, while the Float Index and Sensitive Float Index edged up 0.01 percent and 0.11 percent, respectively.

Among the 13 sectoral indices, five ended lower. The Others Index emerged as the top performer with a gain of 0.31 percent, while the Non-Life Insurance Index posted the steepest decline, falling 0.69 percent.

Among the traded stocks, 132 declined, 119 advanced, and 18 remained unchanged.

Ingwa Hydropower Limited was the top gainer of the day, surging 8.42 percent. In contrast, NIFRA Uraj Rinpatra7%-2085/86 recorded the biggest loss, dropping 5.26 percent.

In terms of turnover, Sahas Urja Limited led the market with transactions worth Rs 84.38 million, followed by Reliance Spinning Mills Limited and SY Panel Nepal Limited.

Total market capitalisation declined to Rs 4,657.70 billion from Rs 4,659.47 billion last Friday.