NEPSE posts modest gain despite weak market activity
Summary
The Nepal Stock Exchange (NEPSE) index showed a modest gain despite weakened market participation and a decline in turnover during the trading week of May 4 to May 8.
Key Points
- NEPSE index closed at 2,745.65 points, up 0.25 percent from the previous week.
- Total market capitalization increased to Rs4.682 trillion, adding around Rs11 billion in value.
- Turnover volume declined sharply to Rs17.121 billion despite an additional trading day.
- Sectoral performance varied, with 'others' and mutual funds gaining, and development banks declining.
