Himal Press 
KATHMANDU: The Nepal Stock Exchange (Nepse) index underwent a minor correction after posting healthy gains in the previous session.
Despite the dip, market activity strengthened, with turnover climbing to its highest level in nearly five months.
The benchmark Nepse index fell 3.07 points, or 0.11 percent, to close at 2,769.09. The market remained volatile throughout the session, swinging between gains and losses before settling marginally lower by the close.
Total turnover rose to Rs 16.35 billion, the highest since August 29 last year, reflecting sustained investor interest even as prices softened. A total of 36.26 million units were traded through 147,676 transactions.
Market breadth remained weak as unit prices of 165 scrips declined, 88 advanced, and seven remained unchanged. Five companies hit the positive circuit of 10% during the session, while two others posted gains of more than 9%.
Himalayan Power Partners Ltd logged the highest turnover of Rs 659.33 million. Next were Ankhu Khola Jalvidyut Company Ltd and Manjushree Finance Ltd with turnovers of Rs 561.63 million and Rs 523.27 million, respectively.
Among sectoral indices, four posted gains and the remaining nine ended in the red. The biggest gain came from the Hotels & Tourism sub-index, which was up by 1.67%. Likewise, the Investment sub-index suffered the biggest loss of 0.55%.
