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Nepse struggles to gain momentum as investors lose Rs7 billion in wealth

World 1 source 1 country 🔦 Under-reported 28m ago

The Nepal Stock Exchange (Nepse) experienced a decline in trading activity, with the index falling 6.26 points to close at 2,643.83. This downturn resulted in a loss of Rs7 billion in total market capitalization for investors. Additionally, market turnover saw a significant contraction, dropping by 14.22 percent compared to previous sessions.

The market’s performance remains sluggish despite positive financial disclosures from listed companies. Investors are currently maintaining a cautious stance, which has prevented the index from gaining upward momentum.

In-depth summary · AI, neutral
Read the full story at the source Kathmandu Post (Kathmandu, Nepal) · NP
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