Stock Market Falls 39.27 Points on Monday

Kathmandu. On the first day of the week's trading, the stock market (NEPSE) has seen a decline. On Monday, the NEPSE index fell by 39.27 points (1.43 percent) to 2699.44 points.

Along with the market's decline, the trading volume has also decreased. While the market traded 4.82 billion rupees on the previous trading day, this amount was limited to 4.05 billion rupees. Today, 9.595 million shares were bought and sold.

Out of a total of 269 companies, only 17 companies' share prices increased, while the prices of 252 companies declined.

Based on trading volume, NRN Infrastructure Company remained at the top position. More than 312.425 million rupees worth of shares of this company were traded. Similarly, Reliance Spinning Mills, National Hydropower, Aakhukhola Hydropower, and NIC Asia Bank are also ahead among the companies with high trading volume.

Despite the market's downturn, except for Corporate Development Bank's price falling by 12.58 points, no other company's price saw a double-digit fluctuation.

In terms of sectors, except for the Microfinance group, all other indices have turned red. Development Bank, Hydro, and Manufacturing sectors saw a decline of more than 2 percent. Hotel, Investment, and Trading sectors also fell by more than 1 percent.