NEPSE sees a steep decline

KATHMANDU, DECEMBER 19: The NEPSE stock index witnessed a significant decline on Thursday, the last trading day of the week.

Despite a marginal increase on Tuesday, the stock market, which has been continuously declining since last Thursday, saw drops on all other trading days. Yesterday, the index fell by 5.60 points, and today, it plunged by 31.43 points, closing at 2,596.82.

The transaction volume on Thursday increased slightly compared to Wednesday, reaching NPR 4.76 billion. Over the week, the NEPSE index declined by a total of 86 points, marking a 3.2% drop. Last Thursday, the market had closed at 2,682 points.

In today's trading session, all sub-indices in the market recorded declines, with the trading index experiencing the steepest drop of 2.73%.

Among the traded companies, Support Microfinance saw a 10% positive circuit, reaching a price of NPR 3,327 per share. In contrast, Narayani Development Bank recorded the highest decline, with its share price falling by 9% to NPR 1,301.

Janaki Finance topped the transaction list, with a trading volume of NPR 176 million.