The Nepal Stock Exchange (Nepse) index today plunged by 114. 02 points -- some 4.05 per cent fall -- to close at 2,698.25 points due to tighten liquidity.
With a fall of three digit, Nepse has gone below 2,700 points in five months. On April 22, Nepse crossed the benchmark.
The first trading day of the week also witnessed sensitive index and float index also drop as the sensitive index closed at 506.27 points and float index closed at 188.70 points.
The entire 13 sub-groups landed on red, though four scrips advanced while all the other scrips declined in today's trading, according to the Nepse. Sunday also witnessed a total of 17,330,538 units of shares of some 225 companies being traded at Rs 8.49 billion.
The share market has seen volatility in the past few weeks after central bank tightened noose on loan against shares. With tightening of the lonable fund and interest hikes the share market is expected to drop even more.
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