Stock Market plunges by 10.69 points with turnover of Rs 2.46 arba; CIT manual turnover exceeds Rs 1.19 arba

On the first trading day of the week, the benchmark index at Nepal Stock Exchange Limited (NEPSE) went down by 10.69 points or 0.59% to close at 1804.48 points. Nepse Index opened at 1816.28 points and was seen on downward trend. 4,55,000 unit shares of  Shree Ram Sugar Mills , 374,914 unit share of Nabil Balance Fund-1 (NBF-1) and 341,113 unit shares of Citizen Investment Trust (CIT) were traded more today Kisan Microfinance Bittiya Sanstha Limited (KMFL) and Sindhu Bikas Bank (SINDU) hit circuit break today. The total turnover of the day stood above Rs 2.46 arba in which manual turnover was seen of Rs 1.19 arba of Citizen Investment Trust. Nepal Bank Limited had auctioned 3, 99,940 units promoter shares of Citizen Investment Trust, of  which 3 lakh 41 thousand 113 unit shares were traded today . More than 24.91 lakh units’ shares were traded through 6,727 transactions. Sensitive and float index went down by 2.52 and 0.91 points respectively. Except Banking Finance, Insurance and Manufacturing & Production sector, all the sectors at Nepse landed on green. Hotel sector increased by 21.8 points.