By Karuna Thapa
Kathmandu, April 25
The stock market index Nepse fell sharply on Monday, the second trading day of the week.
The correction occurred on the second day of the market’s upward trend, which began on Sunday.
The stock market fell 34.95 points to 2386.01 points on Monday. On Monday, the total
transaction value exceeded Rs 2 billion. On Monday, 46 thousand 401 trades totaled 5 million 47 thousand 769 shares of 239 businesses.
A total of Rs. 2.42 billion has been generated as a result of this. All subgroups stayed red on this day, with the exception of hotels and tourism, and mutual funds. Other investors suffered the largest losses. Even the subgroup of development banks continues to decrease.
On Monday, Jalpa Community Microfinance’s stock climbed the highest, rising 9.99 percent to Rs 858.60. The company’s stock has increased by Rs 78. The Siddhartha Equity Fund increased by 4%.
NIBL Pragati Fund, RBB Mutual Fund, and Community MFI all saw their stock prices rise
significantly. On Monday, Central Finance’s stock dropped the highest (5.33 percent). The
company’s stock price has decreased to Rs 355, down Rs 20 from its previous high.
Rasuwagadhi Hydro, Nyadi Hydro, and Samling Power were among the first to see price
declines. The most actively traded stock on the day was Arun Valley Hydro. Shivam Cement was still in second place.
