Nepal Stock Exchange Index and Trading Volume Decline Amid Investor Wait-and-See Approach
Summary
Nepal Stock Exchange witnessed a decline in both index and trading volume as investors adopted a cautious approach this week, with the NEPSE index closing at 2708.70 points and trading volume dropping by 36 percent.
Key Points
- The NEPSE index closed at 2708.70 points, down 0.20 percent from the previous week.
- Trading volume decreased sharply by about 36 percent to approximately 45.04 billion rupees.
- Technical indicators like RSI and MACD suggest a balanced market with bullish medium-term trends.
- The Hotel and Tourism sector showed the highest gains, while the Finance sector experienced the largest decline.
