Nepal Stock Exchange Index Drops by Double Digits After Three-Day Surge

Summary

The Nepal Stock Exchange index fell by 24.45 points to settle at 2,935.94 after three days of gains, with mixed performance across sectors.

Key Points
  • The NEPSE index dropped by 24.45 points on Wednesday, settling at 2,935.94.
  • Shares of 345 companies worth NPR 15.09 billion were traded in 138,256 transactions.
  • Manufacturing and Processing and Trading sectors saw gains, while all other sectors declined.
  • Ngadi Group Power Limited had the highest transaction value; Kumari Bank Limited had the highest traded volume.
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