Kathmandu: Nepal Stock Exchange (NEPSE) witnessed a significant drop of 38.40 points on Thursday, the final trading day of the week, closing at 2,915.73 points.
This marks a continued downward trend after Wednesday’s 47.93-point fall, which had brought the index down to 2,954.14 points.
Earlier in the week, on Tuesday, the market had briefly surged by 30.76 points, crossing the 3,000-point threshold for the first time in four years and settling at 3,002 points.
On Thursday, the total market turnover stood at Rs 15.98 billion, a slight decline compared to Wednesday’s turnover of Rs 16.18 billion.
The trading session saw mixed investor sentiment, with 52 companies registering gains in their stock prices while a significantly higher number—198 companies—recorded losses.
Among notable movements, Trade Tower Company and Nepal Finance Limited hit their upper circuit limits, indicating high investor interest. Additionally, shares of Corporate Development Bank, Green Development Bank, and Saptakoshi Development Bank surged by more than nine percent.
The finance group was the only sector to post a gain on Thursday, rising by 0.92 percent. All other sectoral indices declined, signaling broad-based selling pressure across most market segments.
The volatility throughout the week reflects ongoing uncertainty in the investor community, as profit booking, sectoral rotations, and macroeconomic cues continue to influence market dynamics.
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