NEPSE fell by 101 points, while the transaction amount was around Rs 6 billion
KATHMANDU: FEB. 13 – The share market fell sharply on Sunday, the first day of the week and the first day of the month of Falgun (Feb/March). On this day, the share market index (NEPSE) has decreased by 101.24 points and reached 2700.32 points.
The Sensitive Index dropped 15.62 points to 511.66.
Of the 227 companies traded on the day, 190 saw their share prices fall. A total of 1,16,61,639 shares worth Rs 5 billion 977.2 million 14 thousand 730 rupees were traded on the day.
On this day, NIBL Samriddhi Fund, Sunrise Blue Chip Fund, Nabil Balanced Fund, and Mega Mutual Fund units have increased by less than 2%.
Shares of Upper Tamakoshi, Narayani Development Bank, Shivshree Hydropower, and Wayne Nepal Microfinance, on the other hand, have fallen by 8.5 percent.
It is estimated that the market has declined due to an increase in deposits and loan interest rates by banks, which are attempting to save immediate profit by lowering the price rather than investing in the market.
