Kathmandu. Share market index Nepse has declined for the second day in a row. Investors' confidence in the stock market, which faced a major correction on Sunday, could not return even on Monday.
The market has declined by 65.58 points (2.55 percent) on Monday. The market closed at 2,506.62 points on Monday. The market, which was in the red in the early stages, showed signs of rising in an hour. However, the market has not improved since then. Despite the market correction, the transaction amount on Sunday and Monday remained above Rs 6 billion. A total of Rs 6.59 billion was traded on Monday and a total of 129.11 million shares were bought and sold. For this, a total of 220 companies have been traded 86 thousand 92 times.
On Monday, the indicators of all the groups turned red. Investors in hydropower and trade groups lost the most. Shares of Vishal Bazar Company and Mahila Microfinance Financial Institution Limited have risen by an average of 10 percent even in the down market. Investors in Machhapuchhre Bank Debenture, Goodwill Finance and SBL Debenture also earned. Investors in Reliance Finance, Chyangdi Hydropower and Sindhu Development Bank lost more. Shares of Upper Tamakoshi had the highest turnover of Rs 317.4 million on Monday.