NEPSE Index Slides 21.60 Points as Turnover Approaches Rs 9.6 Billion

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NEPSE Trading
NEPSE Trading curates news from various share market sources across Nepal and offers deep analysis and commentary, helping readers understand key developments and their impact on...
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The NEPSE Index closed at 2,684.76 on July 7, falling by 21.60 points or 0.79% from the previous session. The trading day began at 2,715.39, peaked at 2,718.10, and dipped as low as 2,680.45 before settling at its final figure.

Market turnover stood at Rs. 8.37 billion, down by 11.82% compared to the previous day. A total of 19,415,688 shares were traded, reflecting a sharp 28.44% drop in trading volume. The number of transactions also fell to 71,300, showing an 18.4% decrease.

Investor sentiment remained weak, with 209 stocks declining and only 39 advancing. No stocks remained unchanged, highlighting the overall bearish tone of the market. This broad decline contributed to the downward pressure on the NEPSE Index.

Supporting indices followed suit. The Sensitive Index fell by 4.03 points (0.87%) to close at 459.75. The Float Index dropped by 1.61 points (0.86%) to finish at 184.09. Similarly, the Sensitive Float Index declined 1.38 points (0.87%) to end the day at 157. These figures suggest selling pressure across both large-cap and mid-cap stocks.

Overall, the drop in the NEPSE Index, reduced liquidity, and declining investor participation reflect a cautious mood in Nepal’s stock market.

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NEPSE Trading curates news from various share market sources across Nepal and offers deep analysis and commentary, helping readers understand key developments and their impact on the market.
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