First Business News Portal in English from Nepal
KATHMANDU: The Nepal Stock Exchange (Nepse) index closed at 2,818.73 today after losing 108.26 points or 3.70 percent. The index opened at 2928.8 and did not trade higher than that. The index had lost 50.13 points on the last trading day of last week too.
The index opened at 2,928.80 and immediately went on a downward spiral. While it went as low as 2,779.33, it ultimately closed at 2,818.72. All trading in Nepse was halted for 40 minutes after the index lost 5% in the first 2 hours of today’s trading session.
A total of 23,079,832 shares exchanged hands amounting to Rs 11.24 billion in the turnover amount. This is higher than last Thursday’s turnover of Rs 9.505 billion. 223 scrips traded hands via 129,142 transactions.
Arun Valley Hydropower Development Company Limited (AHPC) had the highest turnover of Rs. 70.33 crores closing at a market price of Rs. 641.5 per share. The units of Sanima Equity Fund (SAEF) were traded the most.
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