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Market Falls on the First Trading Day After Tihar Holiday; Turnover at 3 Arba

ShareSansar •
December 15, 2016 • 10:55 AM
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|| ShareSansar || The Nepal Stock Exchange (NEPSE) witnessed a single digit decline on the first trading day after the Tihar holiday, falling 6.44 points (0.24%) to close at 2,648.77 today. Today also marked the last...

Market Falls on the First Trading Day After Tihar Holiday; Turnover at 3 Arba

The Nepal Stock Exchange (NEPSE) witnessed a single digit decline on the first trading day after the Tihar holiday, falling 6.44 points (0.24%) to close at 2,648.77 today.

Today also marked the last trading day of the week. The market will remain closed on Monday due to a public holiday declared on the occasion of Chhath Puja and will resume trading on Tuesday.

The benchmark index opened at 2649.89 and fluctuated between an intraday high of 2,649.89 and a low of 2,649.89 before settling at the close. Total turnover for the day amounted to Rs. 3.05 Arba, with 7,844,267 shares traded across 335 companies through 31,323 transactions. The total market capitalization stood at Rs. 45.59 Kharba, with a float market capitalization of Rs. 15.53 Kharba.

Ghorahi Cement Industry Limited (GCIL) topped the turnover chart, recording transactions worth Rs. 40.07 crores. The company’s stock closed at Rs. 350.10. Throughout the day GCIL trades 11 lakhs 11 thousands 629 share in 2277 trades. The stock sees 7.87% decline today.

Swet-Ganga Hydropower & Construction Limited (SGHC) becomes the number 1 gainer of today's session. The stock price up by 7.56% and closed at Rs. 357.10. SGHC opens at 332.10 , reaching high point of 358 and lowest point 328.

Meanwhile, Crest Micro Life Insurance Limited (CREST) recorded the Highest fall, falling by 9.56%. The last traded price of the company was Rs. 1078.0.

Among sectors, the Non Life Insurance Index recorded the highest gain, gaining by 0.33%, while the Other Index recorded the highest loss, down 0.94%.

Note: The data is taken from official website of NEPSE as of 3:00 Pm; Some data may change due to technicality in the NEPSE website.

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