Kick to investors in Nepse Index 3000

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On Wednesday, the Nepal Stock Exchange (NEPSE) index rise by 3.80 points to 2,786.40.

When 35 million shares were bought and sold, there was a turnover of around 13.72 billion. Today (Aug 28), while the NEPSE index is fluctuating sharply, the market has closed due to an increase at the last minute.

Earlier on Tuesday, the stock market index NEPSE fell by 111.96 points.

Today there has been an increase in banking, hotel and tourism, hydropower, investment, manufacturing, mutual fund and other sub-indices.

Today (Aug 28), the shares of 3 companies had a positive circuit, while the investors of Karnali Development Bank lost the most.

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The market, which was at 2037 points on 15th Shrawan, reached 3000 points on 31st Shrawan. In other words, the market increased by 47 percent in a period of about 15 days. After that the market shows the correction.

One of the main reasons for the current decline and sideways is the large rise in the market in the short term. However, market gets more stronger with visible and stable corrections.

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