Nepse index drops, more companies see stock trading

Though Nepal Stock Exchange (Nepse) index lost 4.94 points to close at 790.32 points today, some 120 listed companies saw their stocks being traded in the secondary market.

The investors – it seems have realised the right time – have started buying or selling the stocks of companies that are generally not traded at the market that saw over Rs 321.25 million trading today despite the loss of most of the sub-groups. A day ago, the market had witnessed the stock trading of Rs 732.82 million, though the market had gained only 0.62 points to close at 795.26 points.

The market is waiting for the new government and also the second quarter reports of the banks and financial institutions that dominate the Nepse.