KATHMANDU: On the fourth trading day of the week (Wednesday), the Nepal Stock Exchange (NEPSE) index dropped by 13.35 points, or 0.50%, closing at 2,635.94.

Earlier in the week, NEPSE had fallen 10.29 points on Sunday, gained 28.73 points on Monday, and increased 9.93 points on Tuesday. The Sensitive Index also declined by 2.22 points, ending at 455.01.

On Wednesday, 323 companies traded 16,033,717 shares across 72,474 transactions, resulting in a turnover of NPR 517.50991 million. In comparison, Sunday’s turnover was NPR 501.758 million, Monday’s NPR 647.373 million, and Tuesday’s NPR 712.336 million.

Among the 13 sectoral groups traded today, only the Finance and Trading sectors showed gains, while the remaining 11 sectors declined. Specifically, Commercial Banks fell 0.24%, Development Banks 0.84%, Finance rose 0.21%, Hotels & Tourism declined 1.42%, Hydropower 0.79%, Investment 0.54%, Life Insurance 0.07%, Manufacturing & Processing 1.16%, Microfinance 0.40%, Mutual Funds 0.29%, Non-life Insurance 0.60%, and the Others group 0.53%. The Trading sector remained flat.

Out of all listed companies, 62 saw their share prices rise, 187 declined, and 10 remained unchanged. Narayani Development Bank Limited shares gained the most at 6.08%, with a closing price of NPR 1,395 per share.

Conversely, SY Panel Nepal Limited shares dropped the most at 8.44%, and Ruru Hydropower project shares also declined. SY Panel had the highest trading volume, with shares worth NPR 248.836 million traded, closing at NPR 1,190 per share.