NEPSE Falls Slightly Today

The Nepal Stock Exchange (NEPSE) fell by 1.66 points on Thursday, ending the week at 2,607.37 points.

The market has been slow for several days. On Wednesday, NEPSE dropped by 7.86 points, while Tuesday saw a small rise of 7.3 points.

Experts say that Nepal’s ongoing political changes and uncertainty about upcoming elections have made investors cautious. With both buyers and sellers hesitant, trading has slowed down, and prices have barely changed. Total trading also decreased to Rs 3.49 billion on Thursday, down from Rs 3.73 billion on Wednesday.

Out of all companies, 98 saw their share prices go up, 149 went down, and 11 stayed the same. Most sectors moved very little, with changes staying under one percent.

The banking, life insurance, manufacturing, microfinance, and trading sectors showed small gains. On the other hand, development banks, finance, hotels and tourism, hydropower, investments, non-life insurance, and other sectors saw losses.

Traders believe that the market will only pick up once there is more clarity about the political situation.