Bearish week wipes Rs50 billion off investor wealth as Nepse falls 31 points
Summary
Nepal Stock Exchange's benchmark index dropped by 31 points in one week, wiping out Rs50 billion in investor wealth amid falling prices and reduced trading activity.
Key Points
- The Nepse index fell 31.38 points to close at 2,724.03, dropping 1.14% over the week.
- Investor wealth declined by Rs50 billion as total market capitalization fell to Rs4.65 trillion.
- Trading turnover decreased by 14.36%, signaling reduced liquidity and investor caution.
- Some stocks like Sopan Pharmaceuticals surged significantly despite the broad market downturn.
