Fall in stock market continues, market shrinks to seven billion

Kathmandu, Sept 10: The Nepal Stock Exchange (NESPE) continues to fall for the five transaction days. The NPESE index plummeted by 13.09 points to sit at 2632.94 points today.     

Today, the third day of the week, saw a total turnover of Rs 7 billion 245 million 568 thousand 421.39 from the trading of 19,077,583 shares of 328 scrips, with 93,459 transactions.     

Today's turnover amount was the lowest one in the past two months. The sensitive index dropped by 1.80 points and the float index by 0.91 points.     

Today, the trading group rose by 0.79%, while all other sub-indices declined. The banking group decreased by 0.11%, Development Bank by 0.69%, Finance by 0.99%, Hydropower by 0.71%, Investment by 0.53%, Life Insurance by 0.76%, Manufacturing and Processing by 0.68%, Microfinance by 0.91%, Non-Life Insurance by 0.40%, and Other groups by 0.44%.     

In today's trading, a positive circuit breaker was applied for the Manushi Microfinance while the investors of the Siddhartha Investment Growth Scheme-3 lost the highest 8.82 percent today.     

In terms of transaction amount and number of shares traded, the highest was with Hydro Electricity Investment and Development Company Limited with the purchase and sale of a total of 16,64,085 shares of the company's promoter stock at Rs. 298,154,000.(RSS)