By A Staff Reporter

Kathmandu, Nov. 13

The benchmark capital market index continued its declining trend for the second consecutive day on Wednesday.

The NEPSE which had decreased by 5.61 points on Tuesday posted a decline by 4.80 points on Wednesday. Earlier, the index had increased by 13.77 points on Monday.

The NEPSE is hovering in between 1130 to 1150 points for the last one month.

The sensitive index, which measures the performance of group ‘A’ companies also declined by 1.39 points on Wednesday’s transaction.

On Wednesday, the stock exchange traded 908,363 unit shares worth Rs. 275,427,886 of 154 companies in 4,127 transactions. The volume of transaction was smaller than the previous days.

In today’s transaction, sub-indices of all groups except for trading, finance and others saw a declining trend.

Sub-indices of life insurance group recorded the biggest decline of 40.64 points followed by manufacturing and hotels whose indices declined by 20.74 points and 7.94 points respectively.

Similarly, banking, non-life insurance, hydropower, development and mutual fund sub-indices declined by 5.26 points, 5.14 points, 4.64 points, 2.72 points and 0.11 points.

NMB Bank, Machhapuchhre Bank, Salt Trading Corporation, Nepal Investment Bank and Nepal Bank Limited became top companies in terms of turnover on Wednesday’s transaction.