Nepse plunges 74.73 points as all sub-indices decline
Share prices of 13 firms rise while 255 fall, reflecting a broad market downturn.
1 United States Dollar equals
| Currency | Unit | Buying Rate | Selling Rate |
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Share prices of 13 firms rise while 255 fall, reflecting a broad market downturn.
Aviation fuel sold to domestic airlines surges by up to 97.6 percent, pushing up airfares and widening Nepal Oil Corporation losses. ATF prices for international airlines surged by 77.63 percent.
Fuel price hikes and inconsistent pricing across platforms spark protests, with riders warning of escalating risks and calling for regulation and social protection.
Gold jumps by Rs7,400 per tola in a day, with global bullion trends staying firm amid safe-haven demand.
Nepal needs 250,000 tonnes of fertiliser for paddy cultivation. Around 183,000 likely to be available.
The decrease in turnover signals weak momentum despite recovery.
Gold rises by Rs6,700 in a day as global prices edge near record levels amid rate cut expectations and geopolitical tensions.
Escalating tensions threaten remittance from Gulf countries, which account for nearly 40 percent of Nepal’s total inflows, along with jobs, trade and foreign exchange reserves.
Retail rates have hit Rs300 a dozen as import curbs over fungal disease cause shortages.
Recent political developments after high-profile arrest, global pressure led to the decline.