Kathmandu. Finance Minister Bishnu Prasad Poudel, who is known as nepal’s bull finance minister, has expressed hope that the stock market will improve after bringing the budget.
Although the market has increased by negligible points on the trading day after the budget was presented on May 15, the market has seen a downfall trend on the following trading days. Although the market opened on Monday after the budget speech, the market saw a downfall trend in the market, which has fallen by more than 52 points in four trading days.
The market, which had gained 17.44 points in the previous week, fell 52.1 points to 2,640.96 points after falling steadily after the budget. Nine hundred forty-seven thousand 612 units of shares worth Rs 29.44 billion were traded.
Such is the capital market for six weeks :
The stock market witnessed a negligible rise on May 15 this week, which started trading on the second day of the week. The market rose 1.6 points to 2,694.66 points.
A total of 2.20 billion units of shares of 314 companies were traded on Monday with a turnover of Rs 9.22 billion. On Monday, the share price of 115 companies increased, while the share price of 133 companies increased.
On the same day, the share price of two companies had a positive circuit, while the share price of one company fell by 6.24 percent.
On the third trading day of the week, the stock market closed at 2658.93 points down by 35.73 points.
A total of 1.55 million units of shares of 315 companies were traded on Tuesday. On Tuesday, the share price of 34 companies increased, while the share price of 214 companies fell.
In addition, the share price of two companies has seen a positive circuit on that day, while the share price of one company has fallen by 4.38 points.
On the fourth trading day of the week, i.e. On June 14, the market closed at 2646.95 points down by 11.97 points.
A total of 1.37 million units of shares of 313 companies were traded on Wednesday, collecting Rs 5.16 billion. On Wednesday, the share price of 66 companies increased, while the share price of 181 companies fell and the share price of one company remained stable.
Also, the share price of one company had a positive circuit on that day, while the share price of one company fell by 5.81 percent.
On the last trading day of the week, the stock market fell by 5.99 points to 2640.96.
A total of 1.71 million units of shares worth Rs 7.97 billion of 311 companies were traded on Thursday. On that day, the share price of 94 companies increased, while the share price of 153 companies decreased and the share price of one company remained stable.
On Thursday, the share price of four companies was positive, while the share price of Om Mega Shree Pharmaceuticals Limited fell by 9.76 percent.
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