Nepal, June 25 -- The stock market declined for a fourth consecutive trading day on Thursday, with the benchmark NEPSE index falling by 8.50 points compared to the previous session.Following the decline, the index settled at 2,651 points, its lowest level since February 25.

Over the past month, the market has shed 135 points. The NEPSE stood at 2,786 points on June 25. Although the market showed signs of recovery after midday trading on Thursday, it resumed its downward trend after around 1:45 pm.

Turnover also dropped significantly. Total transactions amounted to Rs 2.83 billion, down from Rs 4.41 billion recorded a day earlier. The trading volume was the lowest since June 18.

Share prices of 83 companies advanced, while 172 declined...