NEPSE Index Slides 4.28 Points Amid Declining Turnover

The Nepal Stock Exchange (NEPSE) continued its mild downward trend on Monday, with the index falling 4.28 points to close at 2,645.24. This follows a 26-point drop recorded on Sunday.

Trading activity also slowed significantly, with turnover declining 33 percent to Rs 4.71 billion from Rs 7.08 billion the previous day.

Among listed companies, 124 saw their share prices increase, 126 declined, and 8 remained unchanged. Sectoral performance was largely subdued, with most indices moving less than 1 percent. Banking shares fell 0.68 percent, Hotels & Tourism 0.04 percent, Investment 0.73 percent, Life Insurance 0.51 percent, Others 0.18 percent, and Trading 0.10 percent. On the other hand, Microfinance rose 0.61 percent, Manufacturing & Processing 0.30 percent, Hydropower 0.22 percent, Finance 0.91 percent, and Development Banks 0.26 percent.

The market’s slight downward trajectory and reduced turnover indicate cautious investor sentiment as trading resumed this week.