Nepse slips 9.43 points as turnover declines
Summary
The Nepal Stock Exchange index slipped by 9.43 points with turnover declining sharply, reflecting weaker investor participation amid selling pressure across most sectors.
Key Points
- The Nepse index fell by 9.43 points, closing 0.34 per cent lower than the previous session.
- Market breadth was negative with 174 companies' shares declining and only 82 advancing.
- Turnover dropped to Rs8.92 billion from Rs11.85 billion the previous day, indicating weaker investor participation.
- A few stocks such as Kalika Power Company and Narayani Development Bank posted significant gains despite the overall downturn.
