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NEPSE drops slightly as trading volume nears Rs 9 billion

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KATHMANDU: The Nepal stock market experienced a decline on Friday, with the benchmark index falling by 5.45 points. According to the Nepal Stock Exchange, the index closed at 2690.15 points.

Trading volume for the day reached Rs 8.89 billion, with a total of 22.8 million shares changing hands. During the session, the share prices of 102 companies increased, while 169 companies saw a decline. The share prices of 8 companies remained unchanged.

Beni Hydro led the gains, with its share price rising by 14.99 percent. Other stocks saw increases of up to 12.11 percent. The highest recorded decline for the day was 4.08 percent.

In terms of transaction value, Lumbini Bikas Bank recorded the highest turnover at Rs 320 million, followed by Shivam Cements with Rs 300 million. While the development bank, mutual fund, non-life insurance, others, and trading sectors posted gains, the remaining sectors ended the day in the red.