NEPSE sheds 77.01 points on Monday


July 11, 2022


NEPSE sheds 77.01 points on Monday

KATHMANDU: Nepal Stock Exchange (NEPSE) index lost a whopping 77.01 points on Monday, the first trading day of this week. Sunday was a public holiday.

With a loss of 3.86 percent, the index closed at 1,915.61 points today.

The stock market opened at 1,933.33 points, which was the market’s intraday high. After trading began, the market continued to fall throughout the day and made an intraday low of 1,913.20 points.

At the end of trading day, NEPSE index closed few points above the intraday low at 1,915.16 points.

A total of 6,313,641 shares of 227 companies traded via 45,196 transactions, resulting in a turnover of Rs 2.325 billion, which is higher than last Friday’s turnover of Rs 1.168 billion.

Only six companies, including five of mutual funds and one debenture, registered slight gains in today’s bearish market.

Share prices of five companies, including three microfinance companies, hit the negative circuit of 10% on the day.

Himalayan Distillery Ltd was the most traded scrip of the day. Next on the list were NIC Asia Bank and Upper Tamakoshi Hydroelectric Company with turnovers of Rs 87.14 million and Rs 84.12 million, respectively.

All sector indices closed red, “Trading” lost the highest 5.78% while “Hotels And Tourism” lost the least 2.18%.