NEPSE’s Downfall Continues to Panic Investors 

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NEPSE’s Downfall Continues to Panic Investors 

September 5: The Nepal Stock Exchange(NEPSE) Index lost 6.45 points or 0.32% and closed at 1961.37 points on the third trading day of the week, Tuesday. 

Ever since the Nepal Rastra Bank issued the monetary policy for the fiscal year 2023/2024, the benchmark index has been on the downward trend. 

Stock market experts and seasoned investors attribute the continued downfall of the NEPSE to the NRB’s harsh polices towards the capital market. 

The investors’ psychology is negative and the market will not pick up the momentum unless the regulators including NRB and the Finance Ministry relax policies related to the stock market, said a veteran investor. 

During today's trading, a total of 277 scrips exchanged their hands through 25,227 transactions.
A total of 2,480,929 shares were traded, amounting to Rs 79 crores. 

Himalayan Everest Insurance Limited Promoter (HEIP) recorded the highest turnover of Rs. 7.58 crores and closed at a market price of Rs. 412.10.

Similarly, NMB Microfinance Bittiya Sanstha Ltd. (NMBMF) gained the highest 10%, hitting the upper circuit for the day.
Meanwhile, RBB Mutual Fund 2 (RMF2) lost all 10% today.

Only two sector indices closed in green zone. "Trading Index" gained the highest 0.46% while "Hotels And Tourism Index" lost the highest 0.79% today.

Sensitive Index lost 0.12%, while Float Index and Sensitive Float Index shed 0.37% and 0.22% respectively. 

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