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NEPSE Falls Below 2,600 After Three Consecutive Trading-Day Declines

Nepal’s benchmark NEPSE index dropped to 2,598.89 on Wednesday, falling below 2,600 for the first time since Bhadra 29, before edging up on Thursday.

The Patrukar
The Patrukar
17 Aswin 2083 BS 1 min read
NEPSE Falls Below 2,600 After Three Consecutive Trading-Day Declines

Nepal’s stock market benchmark, the Nepal Stock Exchange (NEPSE) index, fell below 2,600 points on Wednesday after recording its third consecutive daily decline. The index dropped 4.82 points to close at 2,598.89, its first close below the 2,600 mark since Bhadra 29, according to Nepal Stock Exchange data.

The decline followed losses of 16.47 points on Monday and 9.62 points on Tuesday. Wednesday’s trading turnover exceeded Rs 4.76 billion. The index recovered slightly on Thursday, the final trading day of the week, gaining 0.26 points to close at 2,599.15, with turnover of more than Rs 4.89 billion.

NEPSE market performance

Alongside the benchmark index, other key market indicators also declined on Wednesday:

  • The Sensitive index fell 2.02 points to 464.63.
  • The Float index dropped 0.43 points to 179.02.

Thursday’s small gain left NEPSE just below the 2,600-point level at the end of the week. Reports on the market’s movement are available from Aja Ko Artha, Ratopati and Khabarhub.

Sources

Clustered via K cha khabar.

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