Kathmandu. After Foreign Minister Arzu Rana Deuba returned to Nepal on Friday, rumors that there will be no change in the government have caused a landslide in the stock market.
The stock market has seen a sharp decline on the first trading day of the week. The Nepal Stock Exchange (NEPSE) index closed down by 53.04 points to 2616.26.
On Sunday, 12,371,280 shares of 317 companies were bought and sold, resulting in a turnover of Rs 6,321,141,13,365.
On Sunday, the share prices of 230 companies increased while the share prices of 13 companies decreased.
Himalayan Re Insurance saw the highest turnover on Sunday. Himalayan Re Insurance has raised Rs 426.34 crore, bringing the company’s share price to Rs 938 per share.
On Sunday, the share price of one company fell by 8.72 percent, while the share price of another company entered a negative circuit.
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