As the share price of 41 companies increased, 208 companies decreased, as more companies decreased than increased, a decline of 18 points was seen in NEPSE.
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In the last three days, the NEPSE index, which is a measure of stock trading, has continuously decreased. Last Wednesday and Thursday, the NEPSE decreased by 9.70 and 9.22 points respectively, and on Sunday, it decreased by 18.2 points. After decreasing by 0.65 percent compared to the previous day, the overall NEPSE closed at 2,739.95 points. With Sunday's decline, NEPSE has been falling continuously for three days.
However, the market did not fall from high points. Analysts have analyzed this trend of the market as the confidence of investors has not increased.
Right now the policy is favorable for the stock market. Interest rates are low. There has been excess liquidity in banks and financial institutions for about one and a half years. For liquidity management, Rastra Bank is regularly withdrawing money from the market on two days of the week, Sunday and Wednesday. Banks are looking for borrowers. In such a situation, the failure of the stock market to grow has been analyzed by linking it with the confidence of investors.
From a policy point of view, both financial policy (budget) and monetary policy are in favor of stock market development and expansion. With the arrival of Vishwa Paudel in the new governorship, the risk weight of loans flowing into share securities has been reduced, while the limit of personal share loans has been increased. A stock broker said that despite the policy compatibility, the stock market could not grow and there was a tendency for existing investors to exit by selling shares. According to him, it is rare for the stock market to have favorable conditions from all sides like now. However, he says that it is sad that the stock market is not growing.
On Sunday, the share price of 41 companies increased while 208 companies decreased. In this way, the overall NEPSE decreased by 18 points as there were more companies that fell than increased share prices. On that day, 104 million 9708 shares were bought and sold in 58 thousand 105 transactions. Shares worth 6 billion 54 crore 86 lakh rupees have been traded in this purchase. The turnover has increased compared to the previous day. Shares worth 5.2 billion rupees were traded in NEPSE last Thursday.
Among the 13 sub-groups traded on that day, the overall NEPSE declined after the index of all except manufacturing and processing declined. On Sunday, Bikas Hydro's share price rose the most by 9.99 percent. According to this, the shares of this company reached 388 rupees 70 paise on Sunday. Share price of Narayani Bikas Bank decreased the most by 7.29 percent while Himalayan Distillery was the most traded share. According to the data of NEPSE, this company had a turnover of only 1 billion 75 million rupees on Sunday.
