KATHMANDU, June 13: The single-day turnover of shares at the Nepal Stock Exchange (Nepse), which crossed Rs 21 billion about 10 months ago, has started to plunge below Rs 1 billion as the market index approaches 2,000 points.
Amid depleting confidence of share investors, Nepse witnessed a transaction of shares worth mere Rs 998.67 million on Monday. Last Friday, the turnover stood at Rs 894.12 million.
Nepse loses 4.29 points on Monday, daily turnover plunges below...
On Monday, the Nepse index dropped 15.82 points to close at 2,032.34 points. The market that opened at 2,048.16 points went into a straight fall throughout the trading hours.
All 13 trading groups landed in the red with a drop in their average share prices. The sensitive index that measures the performance of blue chips companies also went down 2.27 points.
Among individual companies, Sanima Bank Limited had the largest transaction of its shares worth Rs 90.16 million. Manushi Laghubitta Bittiya Sanstha was recorded as the top loser while Balephi Hydropower Limited gained the highest percent in its market price.
