KATHMANDU, Jan 25: The Nepal Stock Exchange (Nepse) on Tuesday slid marginally by 5.59 points, following a row of decline in the first two days of this week.
The secondary market that has been reeling under a ‘bearish trend,’ has fallen by more than 116 points in the past three days. Despite a slight decline in the market index on Tuesday, the transaction amounts dropped to Rs 5.39 billion in the intraday trading compared to that of Rs 8.88 billion on Monday.
Except for life-insurance, the rest of 12 sub-groups landed on red. While the life-insurance sector gained 72.16 points, the index of non-life insurance went down by the largest of 17.29 points among the losers. Development bank, microfinance, manufacturing and hydropower groups witnessed a double-digit fall in their indices.
Wean Nepal Laghubitta Bittiya Sanstha Limited topped among the gainers out of individual companies, continuing the lead for the third successive transaction day. With a plunge of 8.34 percent in the market value, Agricultural Bank Debenture 2083 was the topmost loser.