November 30: The Nepal Stock Exchange (NEPSE) continued its descent, losing 18.06 points or 0.96%, concluding at 1858.53 points in the week's final trading session on Thursday.
Market analysts and seasoned investors point to the persisting decline as a reflection of investors' prevailing negative sentiment towards the market. They highlight that investors are adopting a cautious stance, eagerly awaiting the outcome of the Nepal Rastra Bank's quarterly review of the monetary policy.
Prem Wali, a veteran investor, emphasized, "The market is unlikely to shift towards an upward trajectory unless regulators consider easing policies governing the stock market."
During the day, a total of 4,595,553 units of shares changed hands through 37,031 transactions, with 289 scrips traded, amounting to Rs 1.32 billion. Notably, Nepal Insurance Co. Ltd Promoter Share (NICLPO) led the charts with a substantial turnover exceeding Rs 11 crores.
In terms of individual stock performances, Ru Ru Jalbidhyut Pariyojana Limited (RURU) saw the highest gain of 5.63%, whereas Vijaya Laghubitta Bittiya Sanstha Ltd. (VLBS) experienced the most significant loss, plummeting by 10% and hitting the negative circuit for the day.
Across sector indices, all sectors, except Mutual Fund, closed in the red zone. The Hydropower Index recorded the highest loss at 1.73%, while the Trading Index experienced a relatively milder decline at 0.34%.