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NEPSE dips on first trading day after Dashain, turnover crosses Rs 4 billion

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KATHMANDU: The Nepal Stock Exchange (NEPSE) index saw a marginal decline on the first trading day following the Dashain holidays. The benchmark index closed at 2629.82 points, down by 4.34 points.

Although the market showed signs of growth during the early trading session, it eventually turned red by the close of the day. A total of 10,343,709 shares across 341 companies were traded today. The total turnover reached over Rs 4.02 billion through 38,788 transactions.

Among the companies traded, 99 saw their share prices increase, while 171 companies experienced a decline. The share prices of 6 companies remained stable. Beni Hydropower emerged as the top gainer, with its shareholders seeing a profit of 14.99 percent. Conversely, Chirkha Khola Hydropower recorded the highest loss, with its share price dropping by 7.92 percent.

In terms of turnover, Ghalemdi Hydropower led the market with transactions exceeding Rs 236.6 million. Shivam Cements followed in second place, recording a turnover of Rs 205.8 million.