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.
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