Nepse plunges by 58.99 points on Thursday
The Nepal Stock Exchange (NEPSE) index plunged by 58.99 points to close at 2,661.44 points on Thursday.
Similarly, the sensitive index fell 10. 36 points to reach 507. 58 points.
A total of 8,490,689 units of shares of 2329 companies were traded for Rs 4.29 billion.
Likewise, all sub-indices saw red in today’s market with Non Life Insurance on the top of the table.
Meanwhile, Himalayan General Insurance Co. Limited was the top gainer today with its price surging by 9.91 percent. Likewise, Universal Power Company Limited was the top loser with its price dropped by 5.70 percent.
At the end of the day, total market civilization stands at Rs 3.76 trillion.
Gold price goes up by Rs 2,500 per tola on Thursday
The price of yellow metal has gone up by Rs 2,500 per tola in Nepali market on Thursday.
According to the Federation of Nepal Gold and Silver Dealers Association, the price of hallmark gold has been fixed at Rs 99,000 per tola today against Rs 96,500 yesterday.
Likewise, the price of silver has increased by Rs 35 per tola today and has been determined at Rs 1,315 per tola. RSS
Nepse plunges by 15.50 points on Wednesday
The Nepal Stock Exchange (NEPSE) plunged by 15. 50 points to close at 3,720.43 points on Wednesday.
Similarly, the sensitive dropped by 5.22 points to close at 517. 93 points.
A total of 6,247,774 units of the shares of 228 companies were traded for Rs 3.13 billion.
Meanwhile, Dibyashwori was the top gainer today with its price surging by 10 percent. Likewise, Prabhu Bank Debenture was the top loser with its price dropped by 3. 96 percent.
At the end of the day, the total market capitalisation stood at Rs 3.85 trillion.
Nepal records 88.30 percent rise in export
Exports have increased in the first seven months of the current fiscal year 2021/22 in Nepal.
According to the statistics unveiled by the Department of Customs here today, the export of domestically produced goods stood at 88.30 percent. The export during this period amounted to around Rs 131 billion against over Rs 69.91 billion in the previous fiscal year.
The country has recorded a rise in imports by 42.78 percent during the first seven month of the current fiscal year, the Department said. The import stood at Rs 1,147.46 billion against Rs 803 billion during the period.
Similarly, due to the rise in imports compared to exports, the trade deficit has increased too. There is a trade deficit over Rs 1,015 billion in the first seven months of the current fiscal year while it was Rs 733 billion during the same period of the previous fiscal year. Trade deficit has increased by 38.45 per cent.
Meanwhile, foreign trade has increased by 46.43 per cent in the first seven months of the current fiscal year. The country saw over Rs 1279. 12 billion transactions against Rs 873 billion transactions during the corresponding period of the previous year.
Nepal imported foreign goods from 145 countries amounting to over 1,147.46 billion. Major portion of the imports were recorded from India at Rs 696 billion followed by China at Rs 165.23 billion, shared the Department.
Nepal has a trade deficit of Rs 589 billion with India while Rs 164.74 billion with China. RSS
