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Nepse suffers double-digit fall



KATHMANDU: The Nepal Stock Exchange (Nepse) went done by 16.71 points (1.29%) to settle at 1, 277 points.

The sensitive index that assesses transactions of first-rate companies also faltered by 3.86 pints.

Nepse stretched its correction further as the benchmark index closed in red for four consecutive sessions.

Among traded sectors, all major sub-indices, except Manufacturing and Processing and Others, closed the day in red. Hydropower stocks saw significant weakness as the group’s sub index tanked more than 4 percent on the day.

Shares of Nepal Bank Ltd were high in demand.

 

Publish Date : 06 May 2019 09:51 AM

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