Nepse drops 1.79 percent on cautious trading
Summary
Nepse index fell 1.79 percent to close at 2,685.54 points amid cautious trading with lower turnover and broad-based decline across sectors except commercial banking.
Key Points
- Nepse index dropped 49.06 points or 1.79 percent to close at 2,685.54 from July 27 to July 31.
- Market turnover declined 23.51 percent to Rs21.67 billion, indicating cautious investor sentiment.
- 12 of 13 sub-indices declined; only Commercial Banking sector posted gains.
- Newly listed Everest Colour Limited surged over 101 percent, while Corporate Development Bank fell 27.7 percent.
