KATHMANDU: Political uncertainty has weighed heavily on Nepal’s stock market, with the Nepal Stock Exchange (NEPSE) index dropping by 58.55 points on Tuesday, the first trading day after the Dashain holidays.
The NEPSE index closed at 2,604.96 points, with a total turnover of Rs 4.62 billion. Market capitalization fell by 2.19 percent alongside the decline.
Out of the companies traded, share prices of 235 declined, 16 advanced, and one remained unchanged.
Century Debenture emerged as the most profitable stock for investors, while Bhugol Energy recorded the biggest loss. All sub-indices ended in negative territory.
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