Stocks and Shares
NEPSE drops by 58 points, and all of the sectors stay red.
The Nepal Stock Exchange (NEPSE) index fell 2.33%, closing at 2,470.39 points, marking a further steep decline following a previous 59.02-point drop.
NEPSE drops by 59 points, with hardly Rs 5 billion in daily transaction.
The Nepal Stock Exchange (NEPSE) index experienced a 2.28% drop, dropping by 59.02 points or 2,529.33 points at the end of the trading session.
NEPSE has not yet been recognized as a market analyst in Nepal.
The Nepal Stock Exchange (NEPSE) has stated that no market analyst has been registered or recognized by any Nepali body thus far.
From the stock market, 2.57 billion in capital gains tax was collected.
Investors paid 2 billion 57 crore 94 lakh rupees in capital gains tax despite a 14% fall in the August market.
A dividend announcement, bonus share distribution, and the issuing of Sahash Energy's 100% right shares
Courage Energy Limited has declared a dividend of 8.821%, distributed through 8% bonus shares and 0.4211% cash for tax purposes at its August 31 board meeting.
These are the companies whose stock values have dropped significantly since the stock market fell 420 points in August.
The market experienced a significant decline in August, losing 420 points or 14%, primarily due to panic among investors as their portfolios continued to decrease. The market closed at 2580 points.
NEPSE drops by 57 points, with losses led by the finance sector
The Nepal Stock Exchange (NEPSE) index experienced a 2.16% drop, closing at 2,580.76 points at the end of the trading day.
Daily turnover rises to Rs 10.33 billion as NEPSE drops 50.73 points.
The Nepal Stock Exchange (NEPSE) closed at 2,637.79 points after a 50.73 point drop on Sunday.
NEPSE dropped 38.83 points last week, and investors lost Rs 62 billion on stock transactions.
The Nepal Stock Exchange (NEPSE) experienced a 38.83 point decline last week, marking its third consecutive week of decline after a month-long bullish trend.
Institutional investors are becoming more prevalent in the securities industry.
Institutional investors maintain price stability by increasing supply when market shares are low and balancing supply when excess supply causes excessive price decrease.
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In just four months, Paytm's share price which had lost 840 crores rose by 100%.
Paytm's share price in India has seen a 100% increase from its all-time low, rising from 310 to 618 rupees since its IPO in May.
Amidst concerns of an economic downturn, stock markets in Asia and the US plummet.
The sudden spread of news of the US recession has led to a significant drop in Asian and American stock markets.
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