Why stock Market continues declined in Nepal

Mar Tue 2021 05:57:35

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Why stock Market continues declined in Nepal

Kathmandu. The Nepal Stock Exchange (NEPSE) index has declined due to political instability. Investors have become frustrated with the recent Supreme Court decision, which has led to instability in politics.

The index fell by 23.22 points to close at 2461.88 points. The transaction amount has also decreased along with the Nepse index on Tuesday.

The hotel and tourism group gained 68.11 points, the hydropower group 36.39 points and the mutual fund group 0.01 points on Tuesday. On Tuesday, most life insurance groups lost 20156 points.

A total of 1,24,82,428 shares of 210 companies were traded 52,591 times during the day on Tuesday, resulting in a turnover of Rs 4.75 billion.