Share investors lost Rs 119 billion with Nepse losing 89.79 points last week

Published On: April 23, 2022 06:39 PM NPT By: Republica  | @RepublicaNepal


Share investors lost Rs 119 billion with Nepse losing 89.79 points last week

KATHMANDU, April 23: Nepal Stock Exchange (Nepse) declined by 89.79 points last week due to low confidence of share investors amid ongoing bearish trend in the country’s stock exchange market.

The secondary market opened at 2,415.24 points and closed at 2,325.45 points. In a five-day trading session, the market fell by a notable figure in three days.

On Sunday, Nepse dropped by 29.60 points, which was followed by a negative growth of 41.77 points on Monday. The market inclined up 13.37 points on Tuesday before it faced a decline of a whopping 36.73 points on the following day. On the last day of the week, the market witnessed a marginal increase of 4.94 points.

There was a transaction of shares worth Rs 7.36 billion last week, up from Rs 5.26 billion in the previous week. During the review period, the share investors lost Rs 119 billion in their book values after the market capitalization fell to Rs 3.307 trillion from Rs 3.426 trillion. 

 

Leave A Comment

Just In