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The stock market fell on Wednesday
December 28, 2022

The stock market fell on Wednesday

The stock market fell on Wednesday. The stock market, which rose for two days in a row, fell on Wednesday. The stock market index NEPSE, which increased by 56 points on Monday and 59 points on Tuesday, decreased by 11.81 points on Wednesday. The stock market fell to 1,972.15 points.

On Wednesday, except for finance, hydropower, insurance and mutual fund groups, the shares of hotel and tourism, microfinance and development bank groups decreased by a high number.

It is said that the amount of business has also decreased along with the stock market. 6,530,000 shares of 257 companies were traded for 2.15 billion rupees. Most shares of Nabil Bank worth 8.85 million rupees have been bought and sold.

The share of Mahuli Microfinance Financial Institution has decreased the most by 5.20 percent. Despite the overall market decline, shares of Central Finance, Prabhu Life Insurance, Dhaulagiri Microfinance Financial Institution, Khaptad Microfinance Financial Institution and Creative Microfinance Financial Institution have increased by 10 percent, according to Nepal Stock Exchange Company.

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