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Share Market

Shares fell sharply when the prohibitory order was prohibitory order , and the transaction amount was limited to Rs 4.5 billion

The NEPSE index had declined by 0.19 percent to close at 2818.08 points.

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KATHMANDU: JULY 6 – The government has eased the prohibitory order in all but a few areas since Tuesday. The shops will be open from morning till 6 pm. Some food shops will be open till 7 pm.

After the opening of all the sectors, its common effect has been seen in the share market. The government had started a nationwide prohibitory order on April 30. As the demand increased, all sectors of investment came to a standstill. People also had free time.

The number of new entrants seeking to enter the stock market in their spare time also increased. Similarly, investment in shares had increased when other areas of investment were closed. As a result, by the third week of May, the daily turnover had reached around Rs 20 billion.

Old investors and stock market players also started booking profits this month. As the prohibitory order was eased, the activities of the stock market also decreased.

Since Tuesday, the government has opened all but a few areas, including shops, businesses, and transportation. After the opening of all sectors, the transaction amount was limited to Rs 4.5 billion as in the past.

The share market index (NEPSE) has declined by 5.24 points on Tuesday.

By the end of the day, the NEPSE index had declined by 0.19 percent to close at 2818.08 points.

The Sensitive Index fell 1.97 points to 526.75 on Tuesday. Of the 13 subgroups traded on the day, only five subgroups rose while the other eight declined.

A total of 1 crore 1 lakh 35 thousand 2 hundred and nine shares of 220 companies were bought and sold on the day, resulting in a turnover of Rs 4,224,018,255.

Similarly, the share price of Rastriya Beema Company Limited has risen by 8.5 percent on this day. The share price of Mountain Energy Nepal Limited has risen by 5 percent.