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Kathmandu, Nepal, July 5, 2021: The gradual decrease of Nepal Stock Exchange (NEPSE) has not only panicked the investors, particularly the naïve one, but also created huge loss in the government’s income.
The sole secondary share market of the country that had witnessed a daily turnover as high as Rs 19 billion in the recent past weeks has now reduced to about four billion.
The turnover plunged to Rs 4,582,212,579 at the second trading day of the week on Monday. It is about one billion lower than the previous day turnover. Daily turnover has gradually been decreasing since past one month. This is the lowest turnover reported in the last 39 trading sessions.
The NEPSE index, which was opened at 2,845.50 points, closed to 2,822.73 points. The intraday high points were 2,846.70 while 2,814.82 were lowest points.
During the four hours long trading period, 10,063,636 shares were traded via 52,846 transactions and through 224 scrips. The float index has closed at 194.82 points losing 1.21 points while the sensitive index closed at 528.41 points after losing 0.04 points.
Himalayan Distillery Limited (HDL) has earned the highest individual scrip turnover of over Rs. 41.2 million.
Similarly, Bishal Bazar Company Limited (BBC) gained ten percent while the Gurkhas Finance Limited (GUFL) has lost the most 6.36 percent.
