The NEPSE Index experienced a notable drop on July 14, closing at 2,725.71, down 35.09 points or 1.27% from the previous trading day. This marks a sharp decline in market sentiment, with most listed companies ending in the red.
Total turnover stood at Rs. 8.17 billion, a fall of Rs. 3.24 billion or 28.42% compared to the previous session. A total of 21.1 million shares were traded, down 35.25% from the earlier day. The number of transactions also decreased by 31.13%, highlighting weakening investor participation.
The sub-indices of NEPSE also recorded significant losses. The Sensitive Index dropped by 6.83 points to 474.35, a 1.42% fall. The Sensitive Float Index closed at 162.23, losing 2.52 points or 1.53%. The Float Index dipped by 2.68 points to 187.99, down 1.4%. All indices saw notable decreases in turnover, volume, and number of transactions.
Out of the traded stocks, 198 companies declined, while only 50 stocks managed to advance. No stock remained unchanged, showing a widespread negative sentiment in the market.
The overall market movement suggests cautious investor behavior amid ongoing uncertainties, with the NEPSE Index at the center of attention for traders and analysts alike.
