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NEPSE slips as investors rotate into banks and manufacturing

World 1 source 1 country 🔦 Under-reported 2m ago

The Nepal Stock Exchange (NEPSE) benchmark index declined by 0.66 percent to close at 2,629.81 during a shortened trading week. Despite the overall dip in the index, market activity showed signs of growth as the average daily turnover increased to Rs6.12 billion.

The market movement was driven by a strategic shift in investor focus. Capital moved away from hydropower and finance stocks, with investors rotating their holdings into the banking and manufacturing sectors.

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Read the full story at the source Kathmandu Post (Kathmandu, Nepal) · NP ↗
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