NEPSE Falls 15.43 Points as Non-Life Insurance Stocks Lead Selloff; Three Companies Hit Negative Circuit
Summary
NEPSE fell 15.43 points to close at 2,545.40 as non-life insurance stocks led the decline. Reliance Spinning Mills topped turnover, while Upper Lohore Khola Hydropower hit the upper circuit and three companies hit the lower circuit.
Key Points
- NEPSE declined by 15.43 points, or 0.60%, to close at 2,545.40 after opening at 2,577.05.
- Total turnover reached Rs. 4.19 Arba with 10,965,542 shares traded across 352 companies.
- Reliance Spinning Mills Limited led turnover, while Upper Lohore Khola Hydropower Company Limited hit the upper circuit with a 15% gain.
- Non-life insurance was the worst-performing sector, and Emerging Nepal Limited fell 15% amid selling pressure from major shareholders.
