The NEPSE index (the barometer of trading in the sole secondary market) nose-dived by 20.32 points to 638.51 points on Sunday. [break]
A total of 96,910 units of shares worth Rs 70.33 million changed hands through 1,232 transactions during the day.
The Sensitive Index- indicator of transaction of group ‘A’ companies fell by 3.46 points to 165.68 points. The Sensitive Index had closed higher by 10.82 points to touch 169.39 points last week.
The index jumped by 42.68 points over the last week to close at 658.83 points on Thursday, the last day of weekly trading.
Stock analysts say the fluctuation in the share market is due to the unstable confidence of investors for the investment in shares.
“Investors are still susceptive to invest in shares despite encouraging gain during last week,” stockbroker Nawaraj Pokhrel, told myrepublica.com. “They are still in a ‘wait-and-see’ mode as the volume of transactions has not gone up, compared to NEPSE index’s rise,” he added.
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