The share market has come down to 18 months low below 1900 points, due to selling pressure.
Nepal Stock Exchange (Nepse) today witnessed a fall of 49.31 points to close it below 1,900 points, an 18 months low mark.
In the two days of trading this week, the market has dropped by over 86 points, according to the Nepse. The market that opened at 1,934.11 points today went to free fall and closed at 1,884.81 points at the closing of the trading. All the sub-indices – the entire 13 groups – witnessed loss in the day’s trading.
The sensitive index that measures the performance of blue chips shares also went down by 7.66 points, the Nepse said, adding that today witnessed a turnover of Rs Rs 1.75 billion, an increase from Rs 1.13 billion of yesterday.
Prabhu Bank promoter share bagged the largest transaction of Rs 118.32 million among individual companies, whereas Terhathum Power Company lost the highest per cent in its share value, and Andhikhola Laghubitta Bittiya Sanstha become the highest gainer of the day.
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