Nepal Stock Exchange Index Plummets by Over 27 Points

The Nepal Stock Exchange (NEPSE) index has seen a significant drop today. The NEPSE index fell by 27.59 points to settle at 2,614.55. This represents a decline of one decimal zero four percent.

According to NEPSE, a total of 15,989,430 shares of 324 companies were traded 72,104 times today, amounting to a transaction value of Rs 6,699,721,204. Sub-indices of all groups appeared in the red today. Banking fell by zero decimal five two, Development Bank by one decimal four one, Finance by zero decimal five six, Hotel and Tourism by one decimal zero nine, Hydropower by one decimal eight one, Investment by zero decimal nine four, and Life Insurance by zero decimal seven three percent.

Similarly, the Production and Processing group fell by one decimal zero two, Microfinance by zero decimal four eight, Mutual Fund by zero decimal two two, Non-Life Insurance by zero decimal four two, Trade by three decimal five nine, and Other groups by zero decimal eight five percent. Salpa Development Bank Limited's share price hit a positive circuit today.

Buddhabhumi Nepal Hydropower Company Limited's share price saw the largest decline, dropping by eight decimal nine two percent. In terms of transaction value and the number of shares traded, Aakhukhola Hydropower Company Limited recorded the highest trading with shares worth Rs 634,240,101 being bought and sold, totaling 1,782,903 shares.