Investors lose Rs 73 billion as NEPSE falls 1.62 percent in a week
Summary
NEPSE fell 1.62 percent last week as selling pressure ahead of the festivals pushed the secondary market lower for a fourth straight week. Investors lost Rs 73 billion in book value as turnover and market capitalization also declined.
Key Points
- NEPSE declined 42.56 points to close at 2,587.25, marking its fourth consecutive weekly fall.
- All 13 sector groups dropped, with life insurance and hotels and tourism seeing the sharpest declines.
- Average daily turnover fell 23.65 percent to Rs 4.798 billion, while market capitalization slipped to Rs 4.450 trillion.
- Investors lost Rs 73 billion in book value over the week, compared with Rs 29.9 billion the previous week.
