NEPSE drops by 57 points, with losses led by the finance sector
Sep 16
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By the end of the trading day on Monday, the Nepal Stock Exchange (NEPSE) index had dropped by 57.03 points, or 2.16%. It had closed at 2,580.76 points.
Not only did the benchmark index collapse, but so did the Sensitive Index, which monitors the performance of Class 'A' equities, falling by 1.82%, and the Float Index, which represents shares that are actively traded, falling by 2.15%.
Every sector was losing money, but the finance sector lost the most, declining by 5.66%.
17,061,807 shares of 312 firms were exchanged during the day's trading, resulting in a turnover of Rs 7.3 billion and 92,815 transactions.
The entire market capitalization was Rs 4.103 trillion at the close of trading.