Nepse slips marginally as turnover declines

Summary

The Nepal Stock Exchange (Nepse) closed marginally lower with the benchmark index slipping by 1.64 points amid a decline in trading volume and turnover to Rs7.49 billion.

Key Points
  • Nepse slipped by 1.64 points, or 0.06 percent, closing at 2,681.50 points on Wednesday.
  • Trading volume and turnover declined, with turnover dropping to Rs7.49 billion from Rs8.63 billion on Tuesday.
  • Share prices of 113 firms advanced while 134 declined and 13 remained unchanged.
  • Banking, life insurance, production and processing, microfinance, mutual funds, and other groups posted declines among sub-indices.
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