Kathmandu. The Nepal Stock Exchange (Nepse) index posted a double-digit fall on Monday. The market was under pressure on the previous trading day on Thursday.
On Monday, the NEPSE index decreased by 8.16 points to close at 2,662.91 points. Likewise, the Sensitive Float Index decreased by 0.56 points and the Sensitive Float Index decreased by 0.41 points.
Along with the index, the transaction amount has also decreased. Shares worth Rs 11.10 billion were traded on Thursday and closed at Rs 7.94 billion on Monday. A total of 1,96,16,000 shares were traded in 80,559 trades of 335 stocks on the day.
Shares of three companies reached positive circuit levels during trading. Shares of Buddhabhumi Nepal Hydropower Company, Reliance Spinning Mills and Salapa Development Bank were traded in the positive circuit.
Similarly, the share price of Upper Sangay Hydropower has increased by more than 8 percent. On the other hand, the share price of Khani Khola Hydropower Company fell the most by 9.38 percent.
Reedy Hydropower topped the list on the basis of turnover. Shares worth Rs 650.3 million were traded in the company. Similarly, shares of Ankhu Khola Hydropower Company Ltd worth Rs 520 million were traded while Ngadi Group Power Ltd had a turnover of Rs 480 million.
Towards sub-group performance, the indices of three out of 13 sub-groups have increased while the indices of 10 sub-groups have decreased. Finance, hotel and tourism, and production and processing sub-groups saw a general improvement. The hydropower sub-group decreased the most by 1.02 percent.
Overall, on the first day of the week, the market fell and the transaction amount also contracted, indicating some caution among investors.
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