NEPSE falls 26 points as trading volume declines

The stock market extended its losses on Monday, with the NEPSE Index falling 26.29 points, or nearly 1%, to close at 2,627.11 amid broad-based selling across the market.

All 13 sectoral indices finished in negative territory, led by the Trading sector, which dropped 3.15%, followed by the Finance sector, down 1.24%.

Market turnover also weakened from the previous trading session. Total transactions amounted to NRs 3.56 billion, down from NRs 4.41 billion on Friday. Investors traded 7.54 million shares of 356 listed securities during the session.

Declining stocks significantly outnumbered gainers, with 239 companies posting losses, 34 advancing, and four closing unchanged.

Despite the broader market downturn, three recently listed hydropower companies—Sanigad Hydro, Snow River Limited, and Kalanga Hydro, hit the daily upper trading limit, rising 14.99%, 14.99%, and 14.98%, respectively.

Three Star Hydropower was the session's biggest loser, with its share price plunging 13.79%. Nepal Finance also posted a sharp decline of 11.64%.

The 8.5% Nepal Investment Mega Bank Debenture 2084 emerged as the day's most actively traded security, recording NRs 539.4 million in turnover at NRs 1,109.90 per unit, a 2.29% increase from the previous session.

Among listed equities, Central Finance ranked second in trading value with NRs 155.7 million, followed by NIFRA Infrastructure Development, which recorded transactions worth NRs 128.4 million.

The session reflected continued weakness in investor sentiment as selling pressure dragged the benchmark index lower and reduced overall market activity.