Nepal, Oct. 15 -- Nepal Stock Exchange (NEPSE) on Wednesday declined 22.58 points to close at 2,505.58 points.

The secondary market opened at 2,528.16 points and declined to as low as 2,509.9 points in the first 36 minutes. The market witnessed only nominal fluctuations for the next three hours before plunging to the day's low at 2,499.34 points in the last two minutes.

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Only mutual funds added 0.4 points; while remaining 12 groups were the losers. Life insurance shed the largest of 92.98 points.

The sensitive index which measures the performance of 'A' class companies declined 2.92 points. The daily turnover however declined to Rs 3.10 billio...