Nepse plunges nearly 79 points on first trading day of the week
Summary
The Nepal Stock Exchange index dropped nearly 79 points on the first trading day of the week amid broad-based sell-offs and investor uncertainty.
Key Points
- The Nepal Stock Exchange benchmark index fell by 78.83 points, a 3.05% decline, closing at 2,503.35 points.
- Trading saw 14.36 million shares exchanged with a turnover of Rs6.70 billion, higher than the previous session.
- Only nine companies saw share price increases while 142 companies recorded declines.
- All 13 trading sub-indices including banking, hydropower, insurance, and microfinance declined, reflecting a broad market sell-off.
