The stock market started declining after hitting the upper point of the previous bull

The stock market started declining after hitting the upper point of the previous bull

July 9, Kathmandu. The landslide in the share market continued on Thursday. On this day, the total has decreased by 45.25 points. The stock market closed at 1848, surpassing the previous bull’s highest point of 1881 (12 July 2073).

Investors including hydropower, development banks and investors lost the most on Thursday. Investors seem to be panicking as the transaction amount has increased as compared to Wednesday.

A total of 5 million 8 thousand 771 shares of 237 companies were traded through 33 thousand 460 transactions on Thursday. A total of Rs 1.49 billion was traded on this day.

Shares of Andhikhola Microfinance also saw a positive circuit in the declining market. Its price has reached Rs 960.70. The value of CEOC Nepal Microfinance has risen by 9.99 percent to Rs 605.30.

Shivshree Hydro was among the biggest losers on Thursday. The company lost 9.56 percent to Rs 227. Liberty Energy fell 9.21 percent to Rs 207. Companies including Samling Power, NIBL ​​Pragati Fund and Joshi Hydro have lost more value.

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