Stock market declines after two days of growth.

The stock market saw a drop after two days of increase. The NEPSE index fell by 24.97 points, reaching 2,750.87 points. While shares in hydroelectric, manufacturing, and microfinance sectors increased, shares in development banks, finance, insurance and trading sectors dropped significantly. 

Shares of Support Microfinance and Life Insurance Corporation Nepal fell by 10%. However, some hydropower companies saw an increase. Shares of Khani Khola Hydropower, Joshi Hydropower, and River Falls Power rose by almost 10%. 

Although the NEPSE index dropped, the total trading amount increased. Yesterday, the total trading amount was 8.52 billion rupees, while today, 320 companies traded 20.3 million shares worth of 9.13 billion rupees. This shows that even though the market dropped, the trading activity was higher today.