Stock Market Index Falls Below 2600 Points
Summary
Nepal’s stock market index fell below 2600 points again, closing at 2598.89 after a 4.82-point drop. Despite the decline, trading volume remained normal, with shares worth over Rs 4.76 billion changing hands.
Key Points
- The stock market index slipped below 2600 points and closed at 2598.89, down 4.82 points.
- The market had previously recovered after the government introduced a capital market reform action plan, but it has now fallen back.
- Shares worth more than Rs 4.76 billion were traded during the day, involving 12,65,374 shares.
- Out of 352 participating companies, 109 saw price gains, 157 declined, and 13 remained unchanged.