NEPSE falls 11.90 points, turnover tops Rs 4.29 billion

Summary

Nepal’s stock market fell 11.90 points on Friday, with the Nepse index closing at 2,587.25 and turnover exceeding Rs 4.29 billion. Most sub-indices declined despite the Ministry of Finance’s recent measures to support the market.

Key Points
  • Nepse closed at 2,587.25, down 11.90 points or 0.45 percent on Friday.
  • Total turnover crossed Rs 4.29 billion as 11.91 million shares of 356 securities changed hands.
  • All sub-indices except mutual funds and trading declined, with manufacturing and processing posting the biggest loss.
  • The market fell despite the Ministry of Finance’s recent measures to improve stock market conditions.
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