NEPSE Falls 5.54 Points as Trading Picks Up

The Nepal Stock Exchange (NEPSE) index fell by 5.54 points on Monday, closing at 2,635 points.

Even though the index dropped, trading activity was stronger. The total turnover reached Rs 6.47 billion, up from Rs 4.90 billion in the previous session, showing more investors were active in the market.

Among the traded stocks, 75 companies saw their prices go up, 178 fell, and seven remained unchanged. This shows that selling pressure dominated the market.

Looking at sectors, the Manufacturing and Processing group gained the most, rising 1.02%. The Development Bank index increased slightly by 0.02%, and the Hotels and Tourism sector rose by 0.10%.

On the losing side, the Trading sector fell the most, down 1.16%. Banking declined 0.25%, Finance 0.53%, Hydropower 0.11%, Investment 0.42%, Life Insurance 0.18%, Microfinance 0.66%, Non-life Insurance 0.14%, and the Others group 0.29%.

The mix of gains and losses across sectors, along with higher trading, shows that investors were cautious, adjusting their positions as the market fluctuated.