Four companies hit their upper circuits even though Nepal Stock Exchange (NEPSE) faced a significant decline on Monday, the second trading day of the week.
The share prices of Salpa Develoment Bank, Reliance Spinning Mills, Upper Hewakhola Hydro and Solu Hydro went up by 10 percent.
Despite a few bright spots, the benchmark index fell by 26.07 points today, ending the session at 2798.83. Market breadth remained bearish as 211 companies declined, while only 48 managed to post gains and four remained unchanged.
The share prices of Siddhartha Equity Fund, Narayani Development Bank, Green Life Hydro spiraled down with 4.39 percent being the highest in decline.
Ankhu Khola Hydro company topped the market activity with a turnover Rs 680 million, followed by National Hydro Power at Rs 660 million. Other major contributors included Upper Hewakhola (Rs 410 million), SY Panel (Rs 370 million) and Ridi Power (Rs 350 million), contributing to a total market turnover of Rs 11.97 billion.
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