KATHMANDU, June 7: Nepal Stock Exchange (Nepse) on Tuesday fell by a whopping 45.59 points after investors rushed to sell the shares they hold citing the possibility of the Nepal Rastra Bank implementing a tightened monetary policy.
The secondary market that opened at 2,065.82 points went into a straight fall in the intraday trading and closed at 2,020.23 points. The entire 13 trading groups witnessed a notable fall in their average shares prices.
The turnover amount stood at Rs 1.31 billion, slightly more than the previous day’s transaction volume.
NIC Asia Bank had the transactions of its shares worth Rs 61.18 million, the largest of all. Himalayan Bank Limited lost the highest percent in its share value while Upakar Laghubitta Bittiya Sanstha Limited was recorded as the top gainer.