Money
NEPSE declines for fourth day, index drops 13.96 points
Benchmark index falls by 0.53 percent; daily turnover drops to Rs8.73 billion.
Post Report
The Nepal Stock Exchange (NEPSE) index continued its downward trajectory on Wednesday, falling by 13.96 points to close at 2,620.27. This marks the fourth consecutive trading session of decline, as market sentiment remains subdued.
The drop represents a 0.53 percent fall in the benchmark index, amid weaker investor confidence and broader market corrections.
According to NEPSE, a total of 112,577 transactions were recorded, involving the trade of 18.5 million shares. The daily turnover stood at Rs8.73 billion, down from Rs9.63 billion on the previous trading day.
Out of the total listed companies, share prices of 62 rose while 183 declined. One company’s share price remained unchanged.
Sectoral performance was largely negative, with all sub-indices except development banks and others ending in the red. The development bank index gained 65.05 points, while the ‘others’ category rose by 55.12 points.
Declining sectors included life insurance, hotels and tourism, non-life insurance, and manufacturing & processing, signalling continued caution among investors amid broader economic concerns.