Nepse slips into double-digit decline after three-day rally
Summary
Nepse index declined by 0.40 percent after three days of gains, with broad-based selling and increased trading turnover on the final trading day of the week.
Key Points
- Nepse index fell by 10.66 points to close at 2,615.03, ending a three-day rally.
- 63 stocks advanced while 194 declined, indicating broad-based selling pressure.
- Total turnover rose to Rs4.57 billion from Rs4.05 billion the previous day.
- Only trading and non-life insurance sectors gained, while most other sectors declined.