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NEPSE experiences circuit surge, surpassing 2078 points on Monday

Khabarhub

March 4, 2024

2 MIN READ

NEPSE experiences circuit surge, surpassing 2078 points on Monday

Image for Representation.

KATHMANDU: Following a remarkable 6% surge in the Nepal Stock Exchange (NEPSE) index, today’s share market trading came to a temporary halt.

At the opening bell, the index displayed a notable 4% increase.

Subsequently, trading was momentarily suspended for a 20-minute duration after the index rose by 4%.

Upon reopening, when the index marked a 5% increase, trading faced another interruption, this time for 40 minutes.

NEPSE spokesperson Murahari Parajuli confirmed that trading was suspended again after a 6% surge in the NEPSE index today.

As of the current trading session, the NEPSE index has reached an impressive 2078 points, showcasing a substantial gain from its opening point. It increased by over 117 points.

Various companies’ share prices triggered the positive circuit breaker during today’s trading. In total, 237 companies engaged in transactions, involving 934,919 shares, with a cumulative value of NPR 375,29,978.

Among these transactions, the share prices of 230 companies witnessed an increase, while only two companies experienced a decrease in share prices, defying the overall bullish trend in the market.

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