NEPSE: 21 points decrease sees index below 2,100 again

Kathmandu, January 31

NEPSE has fallen below 2,100 once again after the market went down by 21.67 points on Wednesday.

With a total transaction of Rs 5.29 billion, NEPSE ended the penultimate trading day of the week at 2,097.93 points.

On Wednesday, the share prices of 29 companies went up while the prices of 215 companies went down with the prices of three remaining stable.

Only the manufacturing sector went up as it saw a 0.14 per cent rise while all other sectors went down. The hotels and tourism group decreased the most as it saw a 2 per cent decline.

The banking sector saw a decline of 6 points, while the development bank saw a decrease of 79 points. Finance also recorded a dip of 34 points, followed by hotel and tourism with a notable decrease of 114 points.

Hydropower witnessed a decline of 38 points, while life insurance took a hit of 147 points. Microfinance and non-life insurance both experienced downturns, with drops of 40 and 116 points, respectively. Other sectors saw a collective decrease of 11 points, and trading recorded a decline of 49 points.