Nepse falls 35 points, wiping Rs70 billion off market value

The Nepal Stock Exchange (Nepse) benchmark index declined by 35.45 points, or 1.32 percent, during the most recent trading week. This downturn resulted in a reduction of Rs70 billion in the total market capitalization of the exchange.

The decline was broad-based, affecting 11 of the 13 sectoral indices tracked by the exchange. The drop is attributed to significant selling pressure within the market.