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ECONOMY

Investors lost around Rs 2.14 billion in stock trading last week

KATHMANDU, Jan 29: Investors of the country’s secondary market lost Rs 2.14 billion in their portfolio due to a sharp fall in the prices of shares last week.
By Republica

KATHMANDU, Jan 29: Investors of the country’s secondary market lost Rs 2.14 billion in their portfolio due to a sharp fall in the prices of shares last week.


Nepal Stock Exchange (Nepse) witnessed a decline of 151.36 points in its index mainly due to a successive drop in shares’ prices in the first four days of transactions. It was only on Thursday, the market gained a nominal rise of 3.33 points.


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Along with a fall in Nepse index, transaction amount dropped to Rs 28.97 billion from that of Rs 37.81 billion in the previous week. Similarly, the market capitalization fell to Rs 3.928 trillion from Rs 4.142 trillion. 


 

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