Confidence in market still not at par; Market loses 14.03 points

The market today was in the red zone for the whole day still indicating unstable investor confidence. NEPSE fell by 14.03 points today and closed at 1196.29 points, marking a fall of 1.16% of the index. The turnover stood at Rs.32.52 Crore which was achieved from trade of 1,564,692 units of shares through 4,160 transactions trading scrips of 160 companies.

Today, highest turnover mark was achieved by Grameen Bikas Laghubitta Bittiya Sanstha (GBLBS) with a turnover of Rs.3.45 Crore. Om Development Bank (ODBL) stood second in this category with a turnover of Rs.2.49 Crore. However, ODBL stood ahead in terms of share traded with trade of 127,384 units of shares. GBLBS was second in this category after trade of 59,551 units of shares.

Khanikhola Hydropower Company (KKHC) was the highest gainer after gaining 6 points marking a gain of 5.71%. Other gainers were Swarojgar Laghubitta Bikas Bank (SLBBL) and GBLBS after gaining 20 points and 12 points respectively.

Today’s top loser was Nagbeli Laghubitta Bikas Bank (NBBL) after losing 57 points marking a fall of 5.37% in price of share. ICFC Finance Company (ICFC) and Shine Resunga Development Bank (SHINE) were among other top losers after losing 9 points and 10 points respectively.

The Sensitive index fell by 2.85 points and closed at 252.53 points. Float index also fell by 0.97 points and closed at 86.01 points.

All the sub-indices were in the red zone today. Non-Life Insurance sub-index fell by 103.26 points while Life Insurance sub-index fell by 64.86 points.

Quick Fact:

Three years ago on this very day NEPSE crossed the resistance level of 1175 points after a long period of waiting.