Money
NEPSE slips by 11.06 points as broad market sees decline
Benchmark index falls 0.41 percent on Sunday; turnover crosses Rs9 billion
Post Report
The Nepal Stock Exchange (NEPSE) index dropped by 11.06 points on Sunday, closing at 2,629.89. The 0.41 percent fall reflects a weak start to the trading week, with most sectors ending in the red.
A total of 19,992,181 shares were traded in 86,636 transactions, generating a turnover of Rs9.13 billion.
Out of the listed companies, share prices of 86 rose, while 162 declined. According to NEPSE, only the Hydropower and Hotels & Tourism sub-indices posted gains, while all other sectors ended in negative territory, contributing to the overall market dip.
River Falls Power Limited and Pure Energy were notable performers, each gaining 10 percent during the session.
Despite select gains in the energy sector, the overall market trend remained bearish, with investors appearing cautious amid lacklustre momentum.