Market
The Nepse has shed 22.12 points on the last trading day of the week amid political uncertainty.
The index opened at 2,118.56 and peaked at 2,126.14 throughout the trading session on Thursday. It reached a minimum of 2,090.14 and closed at 2,094.54.
A total of 257 scripts changed hands in 39,642 transactions. A total of 5,898,903 shares were traded, which added up to Rs2.096 billion in turnover amount, up from Rs1.767 billion the previous day.
Investors appeared to be in a wait-and-see mood amid political uncertainty and the impending second-quarter review of the Nepal Rastra Bank's monetary policy,
On an otherwise dismal trading day, the share price of Adarsha Laghubitta Bittiya Sanstha Limited hit the circuit level, with Multipurpose Finance performing the second best at 2.96 per cent.
In contrast, Support Microfinance was the worst performer of the day, with its share price falling by 5.80 per cent, followed by Siddharth Insurance (5.29 per cent) and Riddhi Power Company (5.13 per cent).
Standard Chartered Bank Bank shares were the most actively traded, with shares worth Rs101.3 million changing hands, closing at a market price of Rs512 per share. NIC Asia Bank recorded a share transaction of Rs55 million and IME General Insurance Rs49 million.
On Thursday, all 13 subgroups' indicators concluded on the negative side. Life Insurance bore the brunt of the decline, losing 2.17 per cent.
