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Share Market

NEPSE index falls for third consecutive day, closes at 2,738.72

A total of 346 companies were traded today, with 10.97 million shares exchanged through 80,427 transactions.

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KATHMANDU: The Nepal Stock Exchange (NEPSE) index continued its downward trend for the third straight trading session, declining by 5.73 points to settle at 2,738.72.

A total of 346 companies were traded today, with 10.97 million shares exchanged through 80,427 transactions.

The total turnover reached approximately Rs 4.91 billion.

In today’s market performance, the banking sector edged up slightly by 0.02 percent, while the manufacturing and processing group rose by 0.84 percent. However, all other sectoral indices closed in negative territory.

Development banks fell by 0.48 percent, finance by 0.20 percent, hotels and tourism by 0.04 percent, hydropower by 0.40 percent, and investment by 0.42 percent.

Similarly, life insurance declined by 0.26 percent, microfinance by 0.34 percent, mutual funds by 0.52 percent, non-life insurance by 0.02 percent, trading by 0.63 percent, and the “others” group by 0.97 percent.