Nepse loses 5.91 points, daily turnover drops below Rs 2 billion on Wednesday
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KATHMANDU, Aug. 10 -- The single-day turnover at Nepal Stock Exchange (Nepse) plunged to Rs 1.93 billion on Wednesday due to low confidence of investors in stocks trading.
For the past few weeks, the daily turnover of shares had been hovering at around Rs 3 billion. However, it fell by around Rs 1 billion on Wednesday.
With the investors turning reluctant to purchase shares, the Nepse index declined by a marginal value of 5.91 points. The market that opened at 2,062.80 points lost more than 20 points in the first few minutes of the commencement of the day's trading. The market index reached the highest of 2,074.50 points before it closed finally at 2,056.88 points.
Except for manufacturing and processing and investment, the remaining 1...
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