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The Nepal Stock Exchange (NEPSE) plunged by 2. 94 points to close at 2,091.39 points on Monday. Similarly, the sensitive index surged by 1. 82 points to close at 392. 38 points. A total of 12,975,168-unit shares of 276 companies were traded for Rs 4. 74 billion. Meanwhile, Central Finance Co. Ltd, Laxmi Equity Fund and Mountain Energy Nepal Limited were the top gainers today with their price surging by 10. 00 percent. Likewise, Unique Nepal Laghubitta Bittiya Sanstha Limited was the top loser with its price dropped by 10. 00 percent. At the end of the day, the total market capitalization stood at Rs 3. 06 trillion.

Real estate transactions have increased noticeably in the month of Jestha (mid-May to mid-June). After a year in a slump, the real estate transactions increased in Chaitra (mid-March to mid-April) before declining again in Baisakh (mid-April to mid-May). The latest data published by the Department of Land Management and Archive (DoLMA) show the number of real estate transactions in Jestha reached the highest in the current fiscal year 2022/23. According to DoLMA, a total of 55,0069 real estate transactions were recorded in Jestha which is 12,608 more than 42,461 in Baisakh. The real estate business spiraled into a downturn after the central bank and the government took measures to cool down the overheated real estate market over a year ago. The Nepal Rastra Bank made it harder for banks and financial institutions to disburse housing and real estate loans to their clients, while the government came up with the Land Use Regulations which halted the plotting of lands in the country directly affecting the real estate market which had peaked in late 2021. In Ashad (mid-June to mid-July), 33,834 real estate transactions were recorded which decreased to 25,789 in Ashwin (mid-September to mid-October), the lowest in the current fiscal year. Revenue collection According to DoLMA, a total of Rs 3.75bn was raised from real estate transactions in Jestha which was Rs 3.10bn in Baisakh. Despite the increase in transactions, the amount of revenue collection is low as Rs 4.51 billion was collected from 49,000 transactions in Chaitra. The data shows the government has collected Rs 36.88bn in revenue from real estate transactions in the 11 months of the current fiscal year.  

The Nepal Stock Exchange (NEPSE) gained 52.26 points to close at 2,094.33 points on Sunday. Similarly, the sensitive index surged by 7.18 points to close at 390. 56 points. A total of 12,095,966-unit shares of 280 companies were traded for Rs 4. 86 billion. Meanwhile, Nepal Insurance Co. Ltd, Prabhu Life Insurance Limited, Green Ventures Limited, Super Madi Hydropower Limited, Aatmanirbhar Laghubitta Bittiya Sanstha Limited were the top gainers today, with their price surging by 10. 00 percent. Similarly, Shuvam Power Limited was the top loser as its price fell by 5.58 percent. At the end of the day, total market capitalization stood at Rs 3. 06 trillion.

The price of gold has increased by Rs 200 per tola in the domestic market on Sunday. According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 112, 100 per tola today. The gold was traded at Rs 111, 800 per tola on Friday. Meanwhile, tejabi gold is being traded at Rs 111, 450 per tola. It was traded at Rs 111, 250 per tola. Similarly, the silver is being traded at Rs 1,445 per tola today.