Nepal Rastriya Dainik
May 20, 2024 ,
TRENDINGS
Nine thousand victims of human rights violations in 2023 General committee meeting to make Congress strong and united: Deuba Those who pushed the country to violence are in power: Former President Bhandari Indefinite curfew order in Birgunj Permission for mineral extraction to 156 mining companies in Nepal Finance Minister Mahat’s request to focus on meeting the target of revenue collection

The stock market continues to decline

Posted on by नेपाल राष्ट्रिय दैनिक


The Nepali stock market has declined for the third day in a row after the budget of the Fiscal Year 2079/80. The Nepali stock market has been declining day by day even though it has declined by only a few points as compared to yesterday. The market, which had declined by 35.53 points yesterday, has declined by 7.21 points today and stopped at 2130.71.

Compared to yesterday, the number of shares traded and the total transaction amount has also decreased.While 3,020,067 shares of 227 companies were traded, the share amount has shrunk to 1,078,484,182.

Capital market to be open on friday

Posted on by नेपाल राष्ट्रिय दैनिक

The capital market is set to open on Friday after public holidays been added on sunday.

According to the Securities and Exchange Board, the regulatory body of the capital market, the capital market had been closed on Friday and Saturday before this. Even though the government has fixed two days of public holiday, the capital market will remain open for five days as before.

According to Board Chairman Ramesh Hamal, the capital market will be open for five days. Earlier it was closed on Friday and Saturday but now it will be closed on Saturday and Sunday.

Similarly, according to the chairman of the board Hamal, Nepalese in foreign employment will be allowed to fill ordinary share IPO from the next fiscal year. Hamal informed that a certain quota will be allocated for them.

Ramesh Hamal, chairman of the board, said that the report prepared by the government by forming a task force will be implemented after the report is passed by the cabinet.