Kathmandu, September 24
The Nepal Stock Exchange (Nepse) index fell by 48.26 points or 2.66 per cent in the trading week of September 18 to 22, as pre-festive mood gripped share investors.
Selling pressure usually goes up prior to the 10-day Dashain festival, which is starting on October 1, as share investors look to book profit. Hence, the current market movement is in tandem with the normal annual trend.
The benchmark index had opened for trading at 1,815.17 points on Sunday and had dropped 10.69 points by the day’s closing.
The country’s only secondary market remained closed on Monday as the country observed Constitution Day.
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