KATHMANDU: The stock market in Nepal recorded a double-digit decline on Monday. The Nepal Stock Exchange (NEPSE) index fell by 32.65 points, closing at 2657.50 points.
A total turnover of Rs 7.18 billion was recorded during the trading session. Out of the total traded companies, the share prices of 21 companies increased, while 252 companies saw a decline. The share prices of 6 companies remained stable.
According to the Nepal Stock Exchange, all sector indices ended in the red. In terms of individual stock performance, Ghalemdi Hydro Power led the market with a turnover of Rs 370 million. Global IME Bank followed with Rs 290 million in transactions, and Kumari Bank recorded a turnover of Rs 270 million.
Regarding price appreciation, Beni Hydropower saw its share price rise by 13.58 percent, while the growth rate for other companies remained capped at 8.77 percent. The maximum decline in share price for any individual company recorded during the day was 4.86 percent.
