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The NEPSE index, which measures share trading, closed down by 11.97 points on Wednesday. The overall NEPSE closed at 2,646.95 points after a decrease of 0.65 percent compared to the previous day.
The NEPSE, which closed down by 35 points on Tuesday, also saw a double-digit decline on Wednesday. The NEPSE, which fell by 36 points on Tuesday, also saw a double-digit decline on Wednesday.
Especially in the third quarter review of the monetary policy issued with the appointment of the governor, the risk weight of share mortgage loan was reduced from 150 percent to 100 percent.
This arrangement was expected to have a positive impact on the stock market as the confidence of investors would increase. However, its positive effect has not been seen in the stock market. Most of the days after the release of the monetary policy review, NEPSE has decreased and even on the days when it increased, the growth rate is very low.
As the expected enthusiasm for the market has not yet been achieved, investors have not yet dared to expand their investment, experts say that they are in a wait-and-see situation. Out of those that came into trading on Wednesday, the share price of 66 companies increased, while 181 companies decreased and 1 company remained stable.
1 crore 37 lakh 82 thousand 468 shares were bought and sold in 59 thousand 130 share transactions. A transaction worth 5 billion 16 billion 33 million rupees has been made in those purchases. The transaction amount has also decreased compared to the previous day. On Tuesday, there was a transaction worth 6 billion 679 million rupees in the stock market. The stock broker says that the decrease in trading volume along with NEPSE is a confirmation of the decrease in confidence among investors.
Out of the 13 sub-groups traded on Wednesday, all indices declined except collective investment funds and business. The index of mutual funds sub-group rose by 0.08 points and business by 21.09 points. Even if the stock market does not increase, the data shows that the trend of taking loans on share mortgages has increased rapidly.
