October 19: The Nepal Stock Exchange(NEPSE) Index shed 4.04 points or 0.215 and closed at 1903.84 points on the fifth trading day of the week, Thursday.

The secondary benchmark index experienced a slight decline today following a significant gain of 43.27 points yesterday.

Experienced investors and analysts are confident that the market is unlikely to fall  any further since it appears to be at a stable bottom.

One investor attributed the decrease in turnover to the Dashain festival, which has momentarily subdued market momentum.

 A total of 284 scrips were traded through 25,520 transactions. As many as 3,766,153 units of shares exchanged their hands, amounting to Rs 97 crores.

Nabil Bank Promoter Share(NABILP) had the highest turnover of 5.90 crores, closing at a market price of Rs 312. Likewise, Citizens Mutual Fund 2(CMF2) gained the highest 0.42%, closing at a market price of 7.57 per share.

Upper Solu Hydro Electric Company Limited (USHEC) lost the highest 8.25%, closing at a market price of Rs 247 per share.

In terms of sector indices, nine sectors landed in the red territory, while four sectors closed in the green zone. Hydropower Index Lost the highest 0.96%, while Trading Index and Manufacturing and Processing Index each lost the least 0.00%.

Sensitive Index and Sensitive Float Index experienced a gain of 0.03% and 0.02% respectively, while Float Index lost 0.24%.