Market bounces back after falling below 1160 points to close at 1190.90 points; Universal Power hits the positive circuit

The market today gained massive 1.76% or 20.57 points. Although the index fell to 1156 points, it closed at 1190.90 points. The turnover stood at Rs.51.05 Crore achieved through trade of 2,184,271 units of shares traded through 7,817 transactions trading 171 scrips of listed companies in the process.

Promoter Shares of Nepal Bangladesh Bank (NBBPO) dominated the trade today with turnover of Rs.5.72 Crore achieved through trade of 485,000 units of shares. The LTP of the scrip stands at Rs.118 per share.

Universal Power Company (UPCL) hit the positive circuit today as it gained 9.46% or 7 points and closed at Rs.81 per share. City Express Finance (CEFL) was today’s top loser as it lost 4.85% or 5 points and closed at Rs.98 per share.

Sensitive Index gained 3.93 points and closed at 260.23 points while Float Index gained 1.64 points and closed at 87.82 points.

Others and Mutual Funds lost today while the rest of the sub-indices ended in the green zone after gaining points.