After posting loss for the whole week, market closes at 1284.59 points; four companies hit the positive circuit today

The market today was disrupted for a couple of hours due to a technical glitch as mentioned by the officials at NEPSE. The reminder of regulation trading time resulted in 0.36% or 4.69 points loss. The benchmark index stands at 1284.59 points to close for the week. The turnover stood at Rs.58.88 Crore achieved through trade of 1,859,248 units of shares traded through 8,081 transactions trading scrips of 172 listed companies in the process.

Shivam Cements (SHIVM) stood ahead in terms of turnover after posing a turnover of Rs.7.76 Crore with LTP of Rs.678 per share. In terms of volume, Kailash Bikas Bank (KBBL) stood ahead with trade of 175,481 units of shares. The LTP of the development bank stands at Rs.238 per share.

Four companies hit the positive circuit today. Corporate Development bank (CORBL) gained 9.65%, Goodwill Finance (GFCL) gained 9.60%, World Merchant Banking (WMBF) gained 9.52% and Karnali Development Bank (KRBL) gained 9.40%. Panchthar Power Company (PPCL) was today’s top loser after it lost 5.10% or 7 points and closed at Rs.130 per share.

Sensitive Index lost 0.97 points and closed at 273.89 points while Float Index lost 0.36 points and closed at 94.06 points.

Hotels, Development Banks, Finance, Others and Mutual Funds were among gaining sub-indices today while rest of the sub-indices ended in the red zone after losing points.