NEPSE Records Sharpest Single Day Decline of 105 Points Under New Administration as 261 of 268 Stocks Close in Red
Summary
Nepal's stock market experienced its sharpest single-day decline under the new government administration, with the NEPSE index dropping 105.50 points to close at 2,676.68 as 261 out of 268 stocks ended in red.
Key Points
- Nepal Stock Exchange (NEPSE) recorded a sharp decline of 105.50 points (3.79%), closing at 2,676.68.
- The index fell continuously from the market opening to the lowest point of 2,672.50 during the session.
- Total turnover reached Rs. 12.38 Arba with 31.2 million shares traded across 345 companies.
- All sectors closed in the red, with the 'Other' index falling the most at 6.09% and Mutual Fund index the least at 1.03%.
