Fall in Share Market hasn’t stopped

Fall in Share Market hasn’t stopped

By Karuna Thapa

Kathmandu, April 18

On Monday, the second day of the week, the stock market Nepse index dropped 41.77 points to 2343.87 points. The decreasing market rate increased even more on Monday, despite a minor increase in transaction amount and quantity.

On Monday, 229 businesses’ shares traded lower on the secondary market, while 182
increased, 11 dropped, and two were unchanged. On Monday, all 13 sub-indices traded were negative.

On Monday, 38 lakh 76 thousand 302 shares were exchanged 31 thousand 825 times, bringing the total transaction amount to Rs 1.53 billion, up from Rs 1.53 billion on Sunday. On Sunday, shares worth Rs 1.44 billion were acquired and traded.

Even today, the share price of Nesdo Prosperous Microfinance has climbed by 10%, continuing its upward trend that began on Sunday. On Monday, the stock prices of Divyashwori Hydro, Jalpa Community Microfinance, and Citizens’ Mutual Fund 2 all jumped by 7.98 percent, 6.09 percent, and 1.19 percent, respectively. On Monday, NRN Infrastructure Bank’s stock dropped the highest, down 8.33 percent. Similarly, the assets of Himalayan Energy Development Company, Emerging Nepal, and Green Life Hydro all declined by 7.57 percent, 7.10 percent, and 6.04 percent, respectively.

Nabil Bank was the most actively traded firm on Monday. The company’s shares were acquired and sold on the secondary market for Rs 496.23 million. Himalayan Distillery, with a turnover of Rs 492.3 million, and Mahalakshmi Development Bank tied for third place. The bank’s shares were acquired and sold on the secondary market for Rs 455 million.

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *