Nepse sheds 21.92 points as investor wealth shrinks by Rs40 billion
Summary
The Nepal Stock Exchange index fell by 21.92 points, wiping out Rs40 billion in investor wealth amid weak trading and ongoing investigations into financial irregularities affecting market confidence.
Key Points
- Nepse index fell by 21.92 points to 2,702.11, a 0.80 percent drop during June 15-19.
- Investor wealth shrank by approximately Rs40 billion due to broad profit booking and weak trading activity.
- Investigations into financial irregularities worth over Rs100 billion involving the capital market have shaken investor confidence.
- Finance Minister Swarnim Wagle highlighted a trust deficit and promised government policy support for sustainable market growth.
