Stock market plunges on first trading day after Dashain holidays

Kathmandu. The stock market fell marginally on the first trading day after the Dashain holidays. The stock market index NEPSE fell by 4.4 points today. It decreased by 34 points to 2,629. It fell to 82 points. The stock market opened today after the last 30 days.

The sub-indices of all the sub-indices except hydropower, production and processing, mutual funds and trade declined, while the development bank group fell by more than 1 percent.

Today, the shares of 171 companies have decreased and 99 have increased. However, the shares of 6 companies have not fluctuated.

Shares of Chirakhwa Hydropower fell by nearly 8 per cent today. Shares of Beni Hydropower rose by 15 per cent on the day the market was down.

Today, the transaction amount has also decreased along with NEPSE. On October 15, the turnover was Rs 4.88 billion, while today 10.3 million shares of 341 companies were traded for Rs 4.24 billion.