The NEPSE Index closed at 2,657.32 points on June 12, marking a drop of 7.15 points or 0.26%. The trading day began on a positive note, with the index climbing in the early hours. However, the momentum didn’t hold. After peaking just before noon, the market gradually declined as selling pressure increased in the afternoon.
A total of 149 stocks declined while only 99 advanced, showing a clear tilt toward a bearish sentiment. Notably, none of the listed stocks remained unchanged by the end of trading, indicating an active day with strong shifts in market positions. The total turnover reached Rs. 12.51 billion, with over 28.6 million shares changing hands.
Despite a few short-lived rallies before midday, the NEPSE Index steadily trended downward from around 12:30 PM. By market close at 3:00 PM, the index hovered near the 2,655 mark, losing much of its early gains.
Investors appear to be cautious, especially with the balance of declining stocks outweighing the advancers. The shift in sentiment hints that many traders chose to lock in profits or reduce risk exposure during the second half of the session. As a result, market watchers are advised to keep an eye on turnover volume and index patterns in the coming days.
