December 4: The Nepal Stock Exchange (NEPSE) Index experienced a decline, losing 3.42 points or 0.18%, concluding the second trading day of the week at 1847.81 points on Monday.
The persistent bearish trend in the market has been attributed to several factors, including the prevailing negative psychology among investors and the stringent policies of the Nepal Rastra Bank regarding the stock market.
During the day's trading session, a total of 292 scrips were traded, involving 43,428 transactions and 3,896,287 units of shares, with a total turnover of Rs 1.19 billion.
Sonapur Minerals and Oil Limited (SONA) led in turnover, reaching 7.46 crores and closing at a market price of Rs 300 per share.
Meanwhile, Samaj Laghubitta Bitiya Sanstha (SAMAJ) experienced the highest gain at 8.06%, whereas NRN Infrastructure and Development (NRN) and Mountain Energy Nepal Limited (MEN) each incurred losses of 9.99%, closing at market prices of Rs 311 and Rs 477, respectively.
In terms of sector indices, the Development Bank Index, Finance Index, Life Insurance, Non-Life Insurance, and Mutual Fund closed in the green zone, while other sectors ended up in the red zone.