NEPSE: Week ends with a drop of 14.46 points

Kathmandu, February 15

On the final day of the week’s trading, Thursday, the NEPSE Index and turnover amount both fell. Compared to Wednesday, the NEPSE index dropped by 14.46 points.

After this decline, NEPSE ended the week at 2,062.63 points.

Wednesday’s turnover stood at Rs 4.25 billion, whereas today it decreased to Rs 3.86 billion. Out of the total listed companies, 79 saw an increase in value, while 163 declined, with seven remaining stable. Particularly, the Finance group, which had experienced significant growth the previous day, witnessed a decline today, dropping by 2.71 per cent.

While the Manufacturing group managed to stay in positive territory with a slight increase of 0.15 per cent, all other group indicators experienced declines. Banking dropped by 6 points, Development Banks by 57 points, Finance by 51 points, Hotel and Tourism by 34 points, Hydropower by 8 points, Life Insurance by 71 points, Microfinance by 17 points, Non-life insurance by 79 points, Trading by 25 points, and Other by 28 points. Conversely, the manufacturing saw a modest increase of 9 points.