Share Market Sees Double-Digit Decline
Kathmandu. On the third day of the week, Tuesday, the stock market saw a double-digit decline. The Nepal Stock Exchange (Nepse) index fell by 39.44 points to 2744.40 points.
On this day, shares of 338 companies worth 10 million shares were traded, with a turnover of approximately 4 billion rupees. The share price of 13 companies increased, while the share price of 251 companies decreased. The price of 5 companies remained unchanged.
Today, the share price of Dhaulagiri Laghubitta increased by 15 percent, hitting a positive circuit. Investors in First Microfinance lost the most, while other companies saw only minor fluctuations.
Today, National Hydro had the highest turnover. National had a turnover of approximately 180 million rupees. Similarly, Reliance Spinning had a turnover of 170 million, Ridi Power of 160 million, Shivam Cement of 150 million, and SY Panel of 140 million rupees.
Collectively, all groups except Mutual Fund have declined. Trading, Hydro, Hotel, and Finance groups saw a decline of more than 2 percent.
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