NEPSE Plunges 32.65 Points to Close at 2,657.50; Turnover Reaches Rs. 7.18 Arba

The Nepal Stock Exchange (NEPSE) witnessed a significant decline on Wednesday, falling 32.65 points or 1.21% to settle at 2,657.50. This follows a decline of 5.45 points in the previous trading session. The benchmark index opened at 2,690.11 and fluctuated between an intraday high of 2,691.10 and a low of 2,651.15 before closing at 2,657.50. The market recorded a total turnover of Rs. 7.18 arba, with 19,822,392 shares of 343 companies traded through 70,228 transactions. The total market capitalization stood at Rs. 45.74 kharba, while float market capitalization reached Rs. 15.59 kharba. Top Turnover, Gainers and Losers Ghalemdi Hydro Limited (GHL) topped the turnover chart with transactions worth Rs. 37.63 crore. Its share price closed at Rs. 355. Meanwhile, Beni Hydropower Project Limited (BENH) emerged as the top gainer, recording a 13.58% increase to close at Rs. 806.10 per share. On the losing side, Sanima Large Cap Fund (SLCF) recorded the highest decline of 4.86%, with its last traded price settling at Rs. 9.21. Sectoral Performance All sectoral indices recorded losses during the trading session. The Development Bank Index suffered the highest decline, falling by 1.88%, while the Hotels and Tourism Index recorded the smallest loss of 0.57%. Overall, the market witnessed broad-based selling pressure, with the benchmark index and all sectoral indices ending the session in negative territory.