NEPSE falls nearly 2 percent amid profit booking, political uncertainty
Summary
The Nepal Stock Exchange (NEPSE) index fell nearly 2 percent this week due to profit-booking and political uncertainty, wiping out around Rs80 billion in investor wealth.
Key Points
- The NEPSE index declined 1.79 percent to 2,738.72 points over a four-day week.
- Total market capitalization dropped from Rs4.75 trillion to Rs4.67 trillion.
- The hydropower sector led losses, followed by hotels, tourism, and manufacturing sectors.
- Market turnover declined by 27.9 percent, signaling cautious investor behavior amid political uncertainty.
