April 6: Of late, investors have lost confidence in the secondary stock market in Nepal. The NEPSE index shed 8.28 points and closed at 1,866.79 on Thursday, the last trading day of the week. 

The secondary equity market posted a loss of 0.44%, against yesterday’s 8.39 points gain.

The NEPSE Index has been on bearish trend for the past one and a half years. The majority of the investors have incurred losses in the market. Entry of new investors in the bearish market is very slim. 

“The government and regulators have to revise policy-level provisions for the downward trend to reverse,” say knowledgeable people. The NEPSE traded 269 scrips via 23,388 transactions.

A total of 2,870,819 shares exchanged hands worth Rs. 92.06 crores in turnover amount. This is higher than the last trading day's turnover of Rs. 81.6 Crores.

Shivam Cements Limited (SHIVAM) shares traded the most and had the highest turnover of Rs. 4.92 crores closing at a market price of Rs. 405 per share. Kalinchowk Darshan Limited (KDL) gained the highest 9.98% and technically hit the positive circuit for the day.

On the contrary, Samling Power Company Limited (SPC) lost the highest 7.43% today.
Sensitive Index, Float Index and Sensitive Float Index dropped 0.92%, 0.62% and 0.39% respectively today.

Of the 13 sub-indices traded in the market, only three sectors closed in the green zone. 
"Trading index" gained the highest 0.19%, while "Finance" lost the highest 1.42% today.