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KATHMANDU, Dec 18: Nepal Inventory Trade (Nepse) on Sunday plunged by a notable 27.54 factors to shut at 1,855.06 factors.
The secondary market opened at 1,882.60 factors and went to the straight fall all through the buying and selling hours. The market was largely affected as a result of banks expressing their incapability to cut back rates of interest as a result of chance that they may have their liquidity place worsened in a single month between mid-December and mid-January, in line with the stockbrokers.
The day by day turnover additionally declined to Rs 1.15 billion from Rs 1.19 billion on Thursday, the final day of the final week. Within the intraday buying and selling, a complete of 180 corporations misplaced of their market worth whereas 25 corporations gained on their share costs.
The delicate index that measures the efficiency of blue chips corporations additionally declined 5.22 factors. The entire 13 buying and selling teams misplaced of their market worth, whereas the sub-index of growth banks dipped the most important by 68.87 factors.
Amongst particular person corporations, Agriculture Improvement Financial institution Restricted posted the most important transaction of its shares value Rs 62.51 million. Ru Ru Jalbidhyut Pariyojana Restricted was the highest loser, whereas Japanese Hydropower Restricted gained the best p.c of its market worth.
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