After the monetary policy, NEPSE fell by 24 points and the transaction amount was over Rs 21 billion
KATHMANDU: AUGUST 15 – The share market NEPSE index has declined by double digits on Sunday, the first trading day after the Nepal Rastra Bank announced its monetary policy. On this day, the index decreased by 24.57 points and was limited to 3154.34 points.
It is estimated that the share market has declined after the monetary policy tightened the limit on loans taken on the security of share certificates. The monetary policy has made provision for borrowing up to a maximum of Rs 120 million on share collateral.
The transaction amount has increased on this day. Shares worth Rs 21.64 billion have been traded. As the monetary policy tightened its grip on equity securities, the number of investors seeking to book profits on the back of the declining stock market has increased significantly.
Shares of Jeevan Bikas Laghubitta, Union Life Insurance and Khani Khola Hydro Power Company have seen a positive circuit on this day.
All other group indicators from production and processing, investment and microfinance groups have declined.