15 Stocks that fell 9-10% today
March 4, 2020 | Investopaper
Nepse index saw a major correction with a decline of 68.47 points today. While Nepse slid by 4.54 percent, several microfinance companies suffered heavy losses with a fall in share price as much as 10 percent in the single day. With the new provision by Nepal Rastra Bank to allocate 25 percent each in Customers Security Fund and CSR fund on the excess dividend above the 20 percent, microfinance stocks have witnessed a rapid plunge.
15 microfinance companies lost 9 to 10 percent in value today. The companies along with the closing stock price is shown in the table below:
| S.N. | Company | Stock Symbol | Closing Price (Rs.) | Percent change |
| 1 | National Microfinance | NMFBS | 1,737 | -10.00 |
| 2 | Nepal Seva Laghubitta | NSEWA | 720 | -10.00 |
| 3 | Swadeshi Laghubitta | SDESI | 972 | -10.00 |
| 4 | Kalika Laghubitta | KMCDB | 864 | -10.00 |
| 5 | Sparsha Laghubitta | SPARS | 831 | -9.97 |
| 6 | Civil Laghubitta | CLBSL | 1,102 | -9.97 |
| 7 | Forward Community Laghubitta | FOWAD | 1,464 | -9.96 |
| 8 | Ghodighoda Laghubitta | GGBSL | 770 | -9.94 |
| 9 | Janautthan Samudayik Laghubitta | JSLBB | 1,495 | -9.94 |
| 10 | First Microfinance | FMDBL | 503 | -9.86 |
| 11 | Ganapati Microfinance | GMFBS | 796 | -9.75 |
| 12 | NMB Microfinance | NMBMF | 823 | -9.56 |
| 13 | RMDC Laghubitta | RMDC | 688 | -9.47 |
| 14 | Grameen Bikas Laghubitta | GBLBS | 488 | -9.12 |
| 15 | Nerude Laghubitta | NLBBL | 740 | -9.09 |
