Money
NEPSE falls as turnover also declines
Index drops 22.35 points on Monday with turnover slipping to Rs8.37 billion
Post Report
The Nepal Stock Exchange (NEPSE) index declined by 22.35 points on Monday, closing at 2,684.01 points, down by 0.82 percent compared to the previous session.
Total turnover stood at Rs8.37 billion, down from Rs9.5 billion recorded on Sunday, signalling a fall in both investor activity and sentiment. A total of 19.41 million shares were traded in 71,313 transactions.
According to NEPSE, share prices of 39 companies rose while 209 declined.
Only two sub-indices—Hotels & Tourism and Mutual Funds—registered gains, with the Hotels & Tourism sector rising by 41.80 points. All other sectors ended the day in the red.
The drop in both the index and turnover reflects a cautious start to the week, as investors appear to be taking a wait-and-see approach following several sessions of market volatility.