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Kathmandu, Nepal, January 24, 2022: The Nepal Stock Exchange (NEPSE) index, the sole secondary share market of the country, has closed at 2,820.65 points after losing 99.86 points from yesterday's closing on Monday.
The index opened at 2,926.12 points made intraday low points as 2,804.07 before closing at 2,820.41. The benchmark index has lost 3.43 percent. The red landslide occurred in the share market has made panic the investors.
Similarly, the sensitive index closed at 525.90 points falling 18.20 points or 3.35 percent while the float index close at 194.04 points falling 7.02 points or 3.40 percent.
A total of 17,063,833 shares amounting of Rs. 8.888 Arba in the turnover amount were exchanged via 113,205 transactions. The turnover amount is quite higher than yesterday's turnover amount of Rs. 6.604 Arba.
Huge selling pressure has not only helped to plunge the share market but to make higher turnover amount. The share market had begun to plunge from the very beginning of market opening.
Api Power Company Limited (API) made the highest turnover of Rs. 38.34 crores closing at a market price of Rs. 523 per share while its shares were also traded the most. The company is in the process of announcing about 40 percent right shares.
Even though all sector remained red, different eight companies out of 228 companies come into trading remained green. Nepal Laghubitta Bittiya Sanstha Limited (WNLB) and Buddha Bhumi Nepal Hydropower Company Limited (BNHC) gained the most hitting 10 percent positive circuit breaker while the Karnali Development Bank Limited (KRBL) lost the highest 7.82 percent closing market price per share at Rs. 440.60.
