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NEPSE loses 3.66 points to close at 2,543.39 on Sunday



KATHMANDU: The Nepal Stock Exchange (NEPSE) index closed at 2,543.39 after losing 3.66 points on Sunday, the first day of the week.

The index had lost 63.54 points last Wednesday, the last trading day of previous week.

The NEPSE index opened at 2,542.57 today and made the intraday high of 2,568.11 points while it went as low as 2,528.15 to ultimately close at 2,543.39 points.

A total of 5,139,239 shares of 230 companies were traded via 45,622 transactions resulting in a turnover of Rs. 2.49 billion today. The total turnover today is lower than that of last Wednesday’s — Rs. 3.62 billion.

Shivan Cements Ltd recorded the highest turnover of Rs. 152 million on Sunday, closing at a market price of Rs 1,085 per share. Shivam Cements stood as the biggest loser today going down by 7.11%.

It was due to excess supply of shares of the company. All of Shivam’s shares entered the market today and selling pressure was high. Earlier, only 10 percent of shares of the company were in circulation as the shares of promoters and locals were locked in and were not allowed to be traded. Today, the lock-in period expired.

Meanwhile, Mailung Khola Jal Vidhyut Company Limited became the highest gainer with a 7.8% gain.

Four sector indices gained while nine others closed red. Development Bank gained the highest 1.24% and Manufacturing And Processing lost the highest 2.08%.

Publish Date : 06 March 2022 17:15 PM

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