Himal Press 
KATHMANDU: The Nepal Stock Exchange (Nepse) index declined sharply this week, falling 167.98 points, or 5.69%, to close at 2,782.16.
Total weekly turnover reached Rs 60.04 billion, with over 146.4 million shares traded through 720,298 transactions.
The benchmark index, which was up 2.54% to 2,950.16 points last week, came under selling pressure throughout the week. The index swung between a weekly high of 2,958.79 points and a low of 2,740.22 points this week.
The bourse recorded the largest single-day loss of 74.73 points, with a turnover of Rs 12.18 billion. The highest intraday gain was 19.70 points on Tuesday, when daily turnover stood at Rs 11.11 billion.
Out of 13 sectoral indices, only the Manufacturing & Processing sector posted gains. The sector’s sub-index rose 2.02%. The ‘Others’ category recorded the biggest loss of 10.15%, followed by the Finance (-7.97%) and the Banking (-6.19%) sub-indices.
Among gainers, Reliance Spinning Mills Ltd was at the top with a 61.04% surge in share price. The company’s share price appreciated by Rs 1,228.8 per unit this week. Ridge Line Energy Limited and Super Khudi Hydropower Limited followed closely, with gains of 61.03% and 61.02%, respectively.
Among losers, Nepal Reinsurance Company saw the steepest decline of 15.6%. Mountain Hydro Nepal Limited and Unique Nepal Laghubitta Bittiya Sanstha Ltd also posted notable losses of 14.36% and 13.73%, respectively.
In terms of turnover, Ridi Power Company recorded the highest trading volume, with shares worth Rs 2.53 billion traded. Ngadi Group Power Ltd and Shivam Cement followed, with turnovers of Rs 2.04 billion and Rs 1.93 billion, respectively.
