Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The benchmark index of the Nepal Stock Exchange declined on Monday, with the market closing lower as selling pressure dominated trading.
The NEPSE Index dropped by 32.08 points (1.11%) to close at 2,843.35, according to market data at the end of trading at 3:00 PM.
Market breadth remained largely negative during the session. Out of the traded companies:
The higher number of declining stocks indicates broader weakness across the market as investors booked profits in several sectors.
Despite the market decline, trading activity remained strong. The total daily turnover reached Rs 21.50 billion, reflecting active participation from investors.
A total of 52.71 million shares were traded during the session, showing continued liquidity and investor interest in the secondary market.
The NEPSE index experienced sharp fluctuations during the day. The market opened at a higher level and quickly dropped during early trading hours before showing a partial recovery in the afternoon session. However, the recovery was not strong enough to offset earlier losses, leading the index to close in negative territory.
Market analysts say the decline reflects profit-taking after recent gains and cautious investor sentiment, while strong turnover suggests that investors are actively repositioning portfolios.
Investors are closely monitoring macroeconomic developments, banking sector liquidity, and interest rate trends, which continue to influence movements in Nepal’s stock market.
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