नेप्से सूचकमा पुनः गिरावट, लगानीकर्ताको मनोबल कमजोर

1. NEPSE Index Declines:

- On Thursday, the NEPSE index fell by 10.44 points, settling at 2068.31 points.

- Despite the index decline, the trading volume increased compared to the previous day, with over NPR 3.87 billion worth of shares traded.

2. Sector Performance:

- The finance sector showed significant gains.

- The mutual fund sector also increased.

- Other sector indices declined.

3. Market Selling Pressure:

- The market, previously affected by tax rumors, showed signs of recovery on Wednesday but faced increased selling pressure on Thursday.

- Various rumors are affecting investor morale.

4. Policy Obstacles:

- The market has not achieved the expected positive momentum due to policy obstacles affecting large investors.

- Restrictions on stock collateral loans and a 125% risk weight have impacted the market.

5. Cap on Stock Collateral Loans:

- A cap of NPR 150 million for individual investors and NPR 200 million for institutional investors has been imposed.

- This has impacted large investors.

6. Tightening of Working Capital Loans:

- The tightening of working capital loans has also indirectly affected the market.

- The market has been in a declining trend for about three years.

7. Positive Factors:

- Interest rates have decreased, and the banking system has abundant liquidity.

- The external sector of the economy is robust, but the market has not gained momentum.

8. Demand and Supply Imbalance:

- The market has an imbalance between demand and supply.

- New investors are needed to strengthen the demand side.

9. Monetary Policy:

- Investors are awaiting the monetary policy.

- It is expected to be released in the first week of the Nepali month of Shrawan.

- The policy is expected to have a direct impact on the stock market.

10. Company Performance:

- On Thursday, over 8.63 million shares of 306 companies were traded.

- Mountain Energy Nepal led in trading volume with transactions exceeding NPR 171 million.

- Nepal Infrastructure Development Company and CHDC Hydropower secured the second and third positions, respectively.