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The Nepal Stock Exchange (NEPSE) plunged by 46. 33 points to close at 2, 772. 10 points on Sunday.

Similarly, the sensitive index dropped by 7. 31 points to close at 463. 29 points.

A total of 22,726,283-unit shares of 315 companies were traded for Rs 10. 09 billion.

Meanwhile, Guardian Micro Life Insurance Limited (GMLI) and 9% ICFC Finance Limited Debenture 2088 (ICFCD88) were the top gainers today with their price surging by 10. 00 percent. Likewise, Upakar Laghubitta Bittiya Sanstha Limited (ULBSL) and Sindhu Bikash Bank Ltd (SINDU) were the top losers as their price fell by 10. 00 percent.

At the end of the day, the total market capitalization stood at Rs 4. 60 trillion.

Tara Air has suspended its regular flights from Surkhet to Mugu, Humla and Jumla. The private airlines operator said it had to suspend flights to the three mountainous districts of Karnali due to losses incurred in every flight.

The Minister for Industry, Tourism, Forests and Environment of Karnali Province government, Suresh Adhikari, had inaugurated the flights on December 4, 2024. The Himali Travels and Tours had been managing the flights to the three districts through Tara Air.

The travel and tour company said it has not got support from the Karnali Province Government and had been incurring losses in every flight to these districts.

Min Bahadur Rawal of Himali Travels and Tours said that although the work has been started as per the agreement to operate regular flights twice a week in three districts, the air service had to be closed due to lack of necessary support.

Meanwhile, private airline Yeti has completed its Surkhet-Kathmandu test flight on Saturday. The Yeti Airlines said a test flight was also conducted to Dhangadhi on Saturday.

Yeti Airline's 9N-AMN ATR-72 aircraft successfully conducted the test flight, airline spokesperson Sudarshan Bartaula said.

The price of gold has increased by Rs 100 per tola in the domestic market on Sunday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 170, 300 per tola today. It was traded at Rs 170, 200 per tola on Friday.

The price of silver, however, has dropped by Rs 5 and is being traded at Rs 1, 985 per tola today.

The price of gold has dropped by Rs 500 per tola in the domestic market on Friday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 170, 200 per tola today. It was traded at Rs 170, 700 per tola on Thursday.

The price of silver, however, has increased by Rs 5 and is being traded at Rs 1, 990 per tola today.