NEPSE index sees sharp decline

KATHMANDU: The NEPSE index – a tool to measure share transactions in security market, has witnessed sharp decline today.

According to the Nepal Stock Exchange official sources, NEPSE index has dropped by 79.57 points and reached 2,281.67 points.

The market which was on bullish trend sometimes before is now moving on bearish trend.

NEPSE has declined by around 11 points after it reached to the highest level. Capitalization has also dropped by Rs 1200 billion.

The sensitive index which measures the share transactions of mega companies has also dropped to 437.59 points with the intraday fall of 12.47 points.