NEPSE plunges 88 points on Sunday – The Himalayan Times – Nepal’s No.1 English Daily Newspaper

NEPSE plunges 88 points on Sunday - The Himalayan Times - Nepal's No.1 English Daily Newspaper

https://thehimalayantimes.com/business/nepse-plunges-88-points-on-sunday

KATHMANDU, DECEMBER 12

The Nepal Stock Exchange (NEPSE), the country’s lone secondary market, fell 88.70 points to 2,361.27 points, a 3.62 per cent drop, on Sunday.

The market saw the steep fall of the benchmark index on the first trading day of the week that had opened at 2,448.66 points.

Both the sensitive index and the float index fell sharply, with the sensitive index falling 15.15 points or 3.26 per cent, to 450.08. The float index also dropped 6.16 points, or 3.66 per cent, to 162.02 points.

Similarly, all of the subindices were down today, with the life insurance index leading the way with a loss of 507.61 points, followed by the non-life insurance index with a loss of 490.12.

A total of 7,460,874 units of shares from 228 companies were traded today for Rs 3.382 billion.

The total market capitalisation at the end of the trading day stood at Rs 3.166 trillion.

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