KATHMANDU, April 16: Nepal Stock Exchange (Nepse) lost 49.11 points last week leaving the investors to face a loss of Rs 72.65 billion in their book value.
The market opened at 2,464.35 points on Monday and finally closed at 2,415.24 points on Wednesday. The market fell to a four-month low mark of 2,385.01 points on Tuesday.
Stocks post weekly losses as valley faces a week-long lockdown
In a three-day trading due to the public holidays on Sunday and Thursday, the market index dropped 44.56 points and 34.79 points, respectively, on Monday and Tuesday. The market, however, surged by 30.24 points on Wednesday, the last day of Nepali year 2078 BS.
Due to the low confidence among the investors, the country’s only stock exchange market has been reeling under the bearish trend. In the previous week too, Nepse went down 79.95 points.
During the review period, the market capitalization declined from Rs 3.498 trillion to Rs 3.426 trillion. Last week, the total turnover amount also fell to Rs 5.26 billion from Rs 9.83 billion in the previous week.
