The Nepal Stock Exchange (NEPSE) dropped sharply on Sunday, making a clear NEPSE stock market decline as the market ended in negative territory. The main index fell by 19.85 points to 2,694.20.
Investors traded 22,060,454 shares from 329 companies in 110,728 deals. The total trading value reached Rs 9.109 billion, showing active trading despite the fall.
Most sectors finished lower. Only the Trading group rose by 0.55%, while major groups like Banking, Hydropower, Finance, Hotels & Tourism, and Investment lost ground.
Among individual stocks, the highest rise was recorded by Mithila Laghubitta Bittiya Sanstha, which rose by 9.70%. On the other hand, Corporate Development Bank Limited closed in the negative circuit, which indicates heavy selling.
The most actively traded stock of the day was Ankhu Khola Hydropower, with a total of 1,746,924 shares being traded to the tune of Rs 555.2 million.
According to market analysts, the fall in the market and the ongoing NEPSE stock market decline indicate a lack of investor confidence.
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