Nepse free fall continues
KATHMANDU, June 2:
The secondary market index continued its plunge today also as the index dropped to 335.7 points loosing 1.03 points from yesterday’s 336.73 points that was 61-month low.
Today commercial banks, development banks and insurance companies lost in the day’s trading while hydropower, finance and others subgroup registered gains.
The major commercial banks’ stock prices went down pulling the banking subgroup down by 2.29 points. Nepal Telecom earned Rs 4 per unit share that made other subgroup to register gain of 4.7 points.
The ongoing political and economic uncertainty has shaken investors’ confidence creating the selling pressure in the secondary market.
Source: THT
The secondary market index continued its plunge today also as the index dropped to 335.7 points loosing 1.03 points from yesterday’s 336.73 points that was 61-month low.
Today commercial banks, development banks and insurance companies lost in the day’s trading while hydropower, finance and others subgroup registered gains.
The major commercial banks’ stock prices went down pulling the banking subgroup down by 2.29 points. Nepal Telecom earned Rs 4 per unit share that made other subgroup to register gain of 4.7 points.
The ongoing political and economic uncertainty has shaken investors’ confidence creating the selling pressure in the secondary market.
Source: THT
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