On the first trading day of the week, Sunday, the Nepal Stock Exchange (NEPSE) index closed 2.87 points lower at 2,867.76, marking a slight correction after a strong rally driven by recent monetary policy announcements.
The market had climbed steadily from the pre-opening session and peaked at 2,922 points by 1 PM, showing a gain of nearly 50 points. However, a wave of profit booking by investors in the later trading hours pushed the index down into negative territory.
Despite the minor dip, trading volume hit a one-year high. A total of 51.6 million shares of 316 companies were traded in over 178,000 transactions, amounting to over NPR 21.16 billion in turnover — the highest in the past 11 months.
Among the top gainers of the day were Unnati Sahakarya Laghubitta and Sanvi Energy, with both stocks surging by 10%. On the losing side, Samriddhi Finance dropped 8.88%, and Goodwill Finance Debenture fell by 7.75%.
In terms of total transaction value, Nepal Reinsurance Company led with NPR 985.5 million worth of shares traded, followed by Butwal Power Company at NPR 642.7 million and Himalayan Reinsurance at over NPR 566.2 million.
