KATHMANDU: The Nepali share market continued its downward trend on Tuesday as the NEPSE index fell by 27.64 points, closing at 2,595.24.

This follows Monday’s decline of 8.24 points. The Sensitive index fell by 3.93 points, the Float index by 1.91 points, and the Sensitive Float index by 1.30 points.

Trading involved 322 companies, with a total of 10.34 million shares exchanged, valued at approximately Rs 5.16 billion, down from Monday’s Rs 6.05 billion.

All 13 sub-indices of NEPSE recorded losses. The finance sector dropped 2.21%, while hydropower, life insurance, non-life insurance, and development banks fell by more than 1%.

On the positive side, Mabilung Energy Limited shares hit the upper circuit limit, and First Microfinance Laghubitta shares rose over 9%.

Meanwhile, Muktinath Agriculture Company shares fell 10%. By trading value, NRN Infrastructure and Development Company led with shares worth approximately Rs 270 million exchanged.