Within 15 minutes of trading on Monday, the NEPSE rose by around 31 points, but the rise did not last long, after which the falling NEPSE closed lower.
The NEPSE index, which fell by 21.5 points on Sunday, also fell by double digits on Monday. Compared to the previous day, the NEPSE dropped by 10.54 points to 2,744.70 points on Monday. This is a decline of 0.37 percent.
Although the market took a normal recovery path when the market opened, it had risen by about 31 points in the first 15 minutes on Monday. But that growth didn't last long. After that, the descending Nepse stopped decreasing.
Sunday and Monday, NEPSE has decreased by 31 points. Along with this, there has also been a contraction in the size of the stock market (total market capitalization). In two days, the total market capitalization has decreased by about 52.77 billion rupees. The total market capitalization, which was 45 trillion 43 billion rupees last Thursday, remained at 44 trillion 91 billion rupees on Monday. It seems that the value of investor's property decreased by 53 billion rupees in two days. Total market capitalization is calculated by multiplying the total listed shares by the same day's share price. A decrease in capitalization therefore means a decrease in the value of the listed shares. On this basis, the value of the investor's property has been analyzed as reduced. The share price of 87 companies that came into the
business increased on Monday, 144 decreased, and the remaining 12 companies remained stable. 99 lakh 35 thousand 872 shares were bought and sold in 57 thousand 585 transactions. Shares worth about 5.4 billion 83 million rupees have been traded in those purchases. Compared to the previous trading day, the trading amount on Monday also decreased. Among the 13 sub-groups in
business, the indices of banking, development bank, hydropower, life insurance, microfinance, non-life insurance, business and others decreased. However, indices for finance companies, hotels and tourism, investment and manufacturing and processing sub-groups rose. The index of mutual fund sub-group remained stable.
The stock market improved for a few days through the semi-annual review of monetary policy. But that improvement didn't last long and the market continued to decline. Experts say that the stock market is not growing when interest rates are falling and other areas of investment are not improving as expected. The NEPSE, which closed on the last day of last week (Thursday), has been decreasing by double digits since Sunday this week.
Currently, the average loan-to-deposit ratio of commercial banks is 79.29 percent. Statistics show that even now, banks have around 6 trillion rupees of investable (lending) capital. For this reason, the loan interest rate has also dropped to single digits. Banks are asking investors for share loans, according to which share loans are also increasing. However, according to the experts, the stock market has not shown any signs of improvement due to the increase in share loans.
