Kathmandu – Nepalese stock market showed a negative reaction on Thursday (today). As investors failed to gain confidence in the market, the trading index NEPSE fell by 24.59 points to 2,629.08 points.
Despite all economic indicators being in good shape and banks having ample liquidity, investor confidence appears to have waned as investment in the market has failed to increase, putting pressure on the NEPSE.
The market, which fell by modest figures on Tuesday and Wednesday, fell slightly more on Thursday. Even though the NEPSE fell, trading is going well. More than Rs 11.23 billion was traded on Thursday. Analysts say that despite the high trading volume, the NEPSE is under pressure as sellers dominate the market.
Today, one company has entered a positive circuit, while three companies have entered a negative circuit. All 13 listed groups have declined.
Investors are not able to increase their share purchases due to the unsatisfactory financial statements of listed companies and the dividends they can distribute. This is because most companies are providing more benefits by keeping deposits in banks than the returns they offer. Therefore, it is natural for the market to be under pressure.
