Nepal Stock Market Sees Broad-Based Decline; NEPSE Drops 20.56 Points

The Nepal Stock Exchange (NEPSE) index fell by 20.56 points, or 0.80%, on Wednesday, closing at 2,544.59 points amid broad-based losses. The sensitive index, tracking class 'A' companies, dropped 0.74%, while the float index, representing actively traded shares, slipped 0.76%.

All sectoral indices ended in the red except for the Manufacturing and Processing sector, which gained 0.23%. The Trading sector led the losers, falling 2.35%, followed by the Others sector down 1.33%. No other sector saw losses exceeding 1%.

Total turnover reached Rs 3.84 billion, with 8.4 million shares of 321 companies traded across 66,824 transactions. Among individual stocks, 49 advanced, 198 declined, and seven remained unchanged. Bhugol Energy Development Company Limited (BEDC) and Sagar Distillery Limited (SAGAR) hit the upper circuit, surging 10% each.