NEPSE extends losing streak as turnover slips below Rs 4.7bn
Summary
The Nepal Stock Exchange (NEPSE) extended its losing streak for a second day with a 0.75% drop, closing at 2,601.92 amid broad-based selling and lower turnover below Rs 4.7 billion.
Key Points
- NEPSE lost 19.67 points (0.75%) to close at 2,601.92, continuing its decline for a second straight session.
- Sensitive Index dropped by 0.54% and Float Index by 0.67%, showing weakness in large-cap and actively traded stocks.
- All sectoral indices ended lower, with the trading sector falling the most at 2.36%.
- Market turnover declined to Rs 4.61 billion from Rs 4.83 billion on the previous day, reflecting reduced market activity.