Bearish week wipes Rs50 billion off investor wealth as Nepse falls 31 points

Turnover drops 14 percent and blue-chip stocks join the decline, though analysts say easing selling pressure could pave the way for a recovery.

The Nepal Stock Exchange (Nepse) extended its decline during the trading week of June 8-12, as persistent selling pressure and weakening investor participation pushed the benchmark index lower and erased Rs50 billion in market value.