ECONOMY

Trade volume shrinks to mere Rs 3.05 billion on NEPSE single day transaction after Tihar

The Nepal Stock Exchange (NEPSE) witnessed a massive decline in transaction volume when the market opened for trading on Friday, the first trading session following the Tihar festival.
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By REPUBLICA

KATHMANDU, Nov 14: The Nepal Stock Exchange (NEPSE) witnessed a massive decline in transaction volume when the market opened for trading on Friday, the first trading session following the Tihar festival.



Trading turnover for the day stood at Rs 3.05 billion, involving a total volume of 7,844,000 shares. NEPSE reported that the prices of 110 stocks increased, 160 decreased, and 9 remained unchanged.


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According to the NEPSE, the market index fell by 6.32 points, dropping to the 2,648.89 level.


During the session, individual stocks saw gains of up to 7.56 percent and declines of up to 9.56 percent. While the development bank, hotels and tourism, hydropower, and non-life insurance sectors saw gains, the remaining sectors experienced a decline.


 

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