Nepse slips marginally as turnover declines
Summary
The Nepal Stock Exchange index dipped slightly to 2,757.40 as turnover declined sharply to Rs6.73 billion, erasing Rs5 billion in investor wealth. Despite early gains, selling pressure dragged the market down with mixed performances across sectors.
Key Points
- Nepse index slipped 2.71 points (0.09%) to close at 2,757.40 on Tuesday.
- Daily turnover dropped significantly to Rs6.73 billion from Rs10.92 billion the previous day.
- Market capitalisation declined from Rs4.692 trillion to Rs4.687 trillion, losing Rs5 billion in investor wealth.
- Hotels and tourism, hydropower, and banking sectors showed gains, while trading, development banks, and mutual funds sectors declined.
