NEPSE falls by over 20 percent

KATHMANDU: The Nepal Stock Exchange (NEPSE) fell by 58.93 points, closing at 2,470.39.

This marks a decline of more than 20 percent from its peak of 3,000.81 on August 15.

Stock analysts suggest that a drop exceeding 20 percent should be classified as a ‘crash,’ indicating that the recent downturn could indeed signal a significant market collapse.

On Tuesday, all subsidiary indicators in NEPSE were negative.

Out of 233 companies, the share prices of the majority decreased, while only 10 companies saw slight increases.

Notably, one company’s share price remained stable.

During the trading session, 1,550,492 shares were exchanged, totaling a value of approximately Rs 5.68 billion.

Both the flat index and the sensitive float index also showed negative trends.