Himal Press 
KATHMANDU: The Nepal Stock Exchange (Nepse) index fell 12.95 points to close at 2,652.58 points on Thursday as selling pressure persisted throughout the trading session.
The benchmark index remained mostly in negative territory during the session. Although it recovered some losses in the afternoon, the market failed to reverse the downward trend.
Market breadth remained negative during the session, with share prices of 211 companies falling, while 56 advanced and 12 remained unchanged. Total turnover fell sharply to Rs 4.72 billion, down from Wednesday’s Rs 7.37 billion, with 12.37 million units traded through 44,412 transactions.
Among individual stocks, Kumari Sabal Yojana posted the biggest gain of 2.96%. Snow Rivers Ltd and Asian Hydropower Ltd followed with gains of 2.86% and 2.7%, respectively. On the other hand, 10.25% KBL Debenture 2086 recorded the largest loss of 5.09%. Chirkhua Khola Hydropower Ltd and Himalayan Reinsurance Ltd posted losses of 4.61% and 3.75%, respectively.
Ankhukhola Jalvidyut Company Ltd led the turnover chart with shares worth Rs 181.93 million traded. Nepal Reinsurance Company Ltd and Ghalemdi Hydropower Ltd followed with turnovers of Rs 147.56 million and Rs 140.34 million, respectively. Api Power Company Ltd and NIC Asia Bank rounded out the top five with turnovers of Rs 139.69 million and Rs 129.95 million, respectively.
Except for the Microfinance sub-index, which posted a nominal 0.09% gain, the sub-indices of all other trading groups closed the session in the red. The Hydropower sub-index posted the biggest loss of 0.67%. The Manufacturing & Processing and the Banking sub-indices followed with losses of 0.62% and 0.57%, respectively.
