What are you looking for ?

Nepal stock market sees minor decline after Tihar holiday

A A+ A-

KATHMANDU: The Nepal stock market experienced a minor decline on Friday as trading resumed following the Tihar holiday. The NEPSE index fell by 6.48 points, closing at 2,648.74 points.

Total turnover for the day reached Rs 3.05 billion. A total of 7.84 million shares across 335 scripts were traded in 31,304 transactions. Out of the companies traded, the share prices of 160 companies declined, while 109 companies saw an increase. The prices of 10 companies remained stable.

Ghorahi Cement led the market in terms of turnover, with shares worth Rs 400.7 million changing hands. Trading volume for all other individual companies remained below Rs 200 million.

Investors in Swetganga Hydropower saw the highest gain of 7.56 percent, while Crest Micro Life recorded the sharpest decline, with its share price dropping by 9.56 percent. Sector-wise, the development bank, hotel, hydropower, and non-life insurance groups saw gains, while other sectors declined. The ‘others’ group recorded the highest loss at 0.94 percent.