KATHMANDU, April 30: Nepal Stock Exchange (Nepse) on Sunday plunged 19.10 points to close at 1,870.66 points.
The secondary market opened at 1,889.75 points and went to a straight fall throughout the trading hours. The sensitive index that measures the performance of blue chip companies declined 2.95 points.
According to a stockbroker, the investors have been in a ‘wait and watch’ mood for new monetary policy and banks’ action towards reducing interest rates on loans.
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All the 13 trading groups had their market index declined. With a decline of 87.17 points in its market value, life insurance was the biggest loser.
In the intraday trading, 189 listed companies were the losers, while 26 companies added to their market values.
The daily turnover amount was recorded at Rs 954.32 million, higher than Rs 739.65 million on Thursday. With the share market reeling under bearish trend, the market transaction has been posting a poor transaction record for the past two weeks.
Among individual companies, Shivam Cements recorded the biggest shares transaction of Rs 42.51 million. NIBL Growth Fund was the biggest loser, while NMB Sulav Investment Fund-2 gained the highest percentage of its market price.
