Himal Press 
KATHMANDU: The Nepal Stock Exchange (Nepse) index extended its losing streak for a fourth consecutive session, slipping 34.63 points to close trading at 2,704.08 on Monday—the first trading session of the week.
The market moved into the negative territory from early trading and remained under pressure throughout the session. Although the index fell below the psychological support level of 2,700 points during the session, it pared some losses toward the close and stayed above 2,700 points.
Market breadth remained negative as unit prices of 240 scrips fell during the session, while 27 advanced and two remained unchanged. Total turnover fell further to Rs 4.26 million with 10.07 million scrips traded through 68,635 transactions.
Among individual stocks, Forward Laghubitta Bittiya Sanstha hit the 15% positive circuit during the session, while Corporate Development Bank logged the biggest loss of 12.58%.
NRN Infrastructure and Development Ltd topped the turnover chart with shares worth Rs 313.68 million traded. Reliance Spinning Mills Ltd and National Hydropower Company Ltd were next with turnovers of Rs 179.97 million and Rs 155.46 million, respectively.
Among sectoral indices, all but the Microfinance sub-index, which posted a marginal gain, ended the session in the red. Manufacturing & Processing logged the biggest loss of 2.54%. Next were the Hydropower and the Development Bank sub-indices with losses of 2.235 and 2.14%, respectively.
