NEPSE Falls 20.27 Points as Selling Pressure Dominates Market
The Nepal Stock Exchange (NEPSE) index declined by 20.27 points on Monday, closing at 2,735.14.
The Nepal Stock Exchange (NEPSE) index closed lower on Monday, extending its recent weakness amid broad-based selling pressure across the market.
At the close of trading, the benchmark NEPSE index fell by 20.27 points, or 0.73 percent, to settle at 2,735.14 points.
According to market data, total turnover reached Rs 4.08 billion during the day's trading session. A total of 9.23 million shares changed hands through various transactions across listed companies.
Market sentiment remained largely negative, with 222 companies registering losses compared to only 42 gainers. Shares of six companies remained unchanged.
The overwhelming number of declining stocks indicates that investors remained cautious, resulting in selling pressure across multiple sectors.
Despite healthy turnover, the market failed to maintain upward momentum as profit-booking and weak investor confidence weighed on overall performance.
Market participants are expected to closely monitor upcoming economic developments, corporate announcements, and investor sentiment to gauge the market's near-term direction.