NEPSE falls by 38 points as Development Bank sector leads decline
Summary
The Nepal Stock Exchange (NEPSE) index fell by 38.10 points to close at 2,781 points, driven by a sharp decline in the Development Bank sector despite strong market activity.
Key Points
- NEPSE index dropped by 38.10 points (1.35%) to close at 2,781 points.
- The Development Bank sector led the decline with a sharp 2.38% loss.
- Market activity remained strong with daily turnover rising to Rs 8 billion.
- Bikash Hydropower Company Limited was the only stock to hit the 10% upper circuit limit for the second consecutive day.
