NEPSE posts double-digit fall on opening day

Aarthiknews

Kathmandu, Oct 7.  The domestic share market suffered a fall today, too. According to the Nepal Stock Exchange (NEPSE), the share market which has been on a continuous bearish run was hit by a double-digit fall in the opening day.

The NEPSE index shows the values of share plummeted 12.22 points to sit at 1215.15 points. The sensitive index measuring the share values of ‘A’ class companies experienced a 2.49-point fall and closed at 257.75 points.

The total turnover was Rs 407,305,481 and 1,337,026 units of share were traded. However, share values of two sub-indices-manufacturing and production; and others, out of ten, displayed green in price chart to indicate positive price movements (2.59 and 0.96 points respectively).

Remaining banking (12.39 points), hotel (34.78), development banks (21.1), hydropower (3.75), finance (5.88), nonlife insurance (5.83), microfinance ( 19.48) and life insurance (37.6) were struck by negative results.
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