NEPSE Weekly Review
NEPSE declined by 52.10 points this week, closing at 2,640.96. Technical indicators show bearish signals.
The Nepal Stock Exchange (NEPSE) witnessed a mixed performance this week, trading for four days as in the previous week. Out of the four sessions, the index declined for three consecutive days and saw a slight gain on only one day, signaling prevailing bearish momentum in the market. NEPSE declined by 52.10 points this week, closing at 2,640.96.
The total turnover for the week reached approximately NPR 29.04 billion, slightly lower than the NPR 30.30 billion recorded in the previous week. Market capitalization also saw a significant decline, shrinking from NPR 4.483 trillion to NPR 4.399 trillion, resulting in a reduction of around NPR 84 billion in investor wealth.
Except for the Mutual Fund group, all sectors closed in the red, reflecting broad-based selling across the board.