NEPSE falls 16 points as turnover drops to Rs 2.67 billion
Summary
The Nepal Stock Exchange fell by 16.54 points as turnover dropped to Rs 2.67 billion, with all sectoral indices ending negative and investor sentiment remaining weak.
Key Points
- The NEPSE benchmark index fell by 16.54 points, or 0.62 percent, closing at 2,632.96 points.
- Daily turnover decreased to Rs 2.67 billion from Rs 3.49 billion recorded earlier.
- All sectoral indices declined, led by Non-life Insurance (1.39%), Hotels and Tourism (1.14%), and Finance (1.13%).
- Some stocks like Taksar Pikhuwa Khola Hydropower Ltd, Yambaling Hydropower Ltd, and Snow Rivers Ltd surged nearly 15% despite the broad market downturn.
