KATHMANDU, April 23: Nepal Stock Exchange (Nepse) on Sunday plunged 18.80 points and fell below 1,900 points.
The secondary market started this week with a negative note by shedding double-digit points to close at 1,885.60 points. The market opened at 1,904.40 points and went to a straight fall throughout the trading period.
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According to stockbrokers, the share market has been affected largely by the dwindling of the government treasury of late.
Except for hotels and tourism index, the remaining 12 trading groups had their market value declined. Life insurance lost 118.74 points, the highest among all.
In the intraday trading, 188 listed companies were the losers, while 29 companies added to their market prices. The sensitive index that measures the performance of the blue chip companies also fell by four points.
The daily turnover stood at Rs 828.53 million, down from Rs 983.36 million on Thursday. Last week, the daily turnover did not cross Rs 1 billion through the trading days.
Among individual companies, the share transaction amount of Molung Hydropower Company Limited was recorded at Rs 31.19 million, the largest of all. Sunrise Focused Equity Fund lost the highest percentage of its market price, while Sunrise Bluechip Fund was recorded as the highest gainer.
