NEPSE Index down by 5.96 points to close at 1085.87 level; political instability has led the market in downward trend

The benchmark index at Nepal Stock Exchange went down by 5.96 points or 0.55% to close at 1085.87 level. Opening at 1091.83 level this afternoon, the local brouse was seen in downward trend. The market was seen in downward trend after the negotiation between agitating Madhesh-based parties and Government failed. The total turnover of the day stood above Rs 17.45 crore where more than 4.12 lakhs unit shares were traded through 1,043 transactions. Sensitive index and the float index went down by 1.15 points and 0.49 points respectively. Except Manufacturing & production and others, all the sectors in NEPSE landed in red.