NEPSE nosedives 36.25 points as daily turnover slid to Rs 6.35 billion
Summary
NEPSE fell 36.25 points on Wednesday as all major market indices declined and daily turnover slipped to Rs 6.35 billion. Life insurance led the losses, while Dhaulagiri Laghubitta Bittiya Sanstha recorded the biggest gain and First Micro Finance Laghubitta Bittiya Sanstha the sharpest fall.
Key Points
- NEPSE dropped 36.25 points, or 1.36 percent, in Wednesday trading as the market fell from the opening bell.
- Daily turnover declined to Rs 6.35 billion from Rs 7.04 billion a day earlier.
- Life Insurance was the worst-performing sector, down 246.65 points, while non-life insurance also fell sharply.
- Dhaulagiri Laghubitta Bittiya Sanstha gained 15 percent, while First Micro Finance Laghubitta Bittiya Sanstha fell 8.54 percent.
