NEPSE Index Sees Triple-Digit Decline With Record Turnover of Rs. 23.71 Arba; Eight Companies Hit Negative Circuit

Tue, Aug 6, 2024 3:25 PM on NEPSE News, Stock Market, Latest,

The Nepal Stock Exchange (NEPSE) Index closed at 2,651.32 points today, marking a significant loss of 145.05 points or 5.18% from the previous trading day's close. This decline follows an increase of 40.76 points in the prior session.

The trading day began with the index opening at 2,802.04 points. Throughout the session, the index reached an intraday low of 2,644.85 points and an intraday high of 2,815.94 points before settling at its closing value of 2,651.32 points.

In today's session, a total of 322 scrips were traded through a record-breaking 271,587 transactions, resulting in a substantial volume of 53,844,237 shares. This activity led to an impressive turnover of Rs. 23.71 Arba, marking the all-time highest turnover in NEPSE's history. The market capitalization for the day stood at Rs. 42.08 Kharba, while the float market capitalization was Rs. 14.40 Kharba.

 

Himalayan Reinsurance Limited (HRL) led the market in turnover, achieving a value of Rs. 1.39 Arba and closing at Rs. 849.

 

In terms of stock performance, Three Star Hydropower Limited (TSHL) is the highest gainer, hitting the upper circuit limit of 10%.

 

Conversely, Eight companies hit a negative circuit for today.

 

In terms of sector indices, all the sectors closed in red today. The "Finance Index" saw the highest loss of 8.27%, while the "Others Index" saw the lowest loss of 1.32%.