Nepal | September 29, 2020

Nepal Stock market crashes, all operations halted

THT Online
Share Now:
Nepse Index witnessed a continuous fall on Monday, August 8.

Nepse Index witnessed a continuous fall on Monday, August 8.

KATHMANDU: As Nepse Index witnessed a continuous fall, the Nepal Stock Exchange halted its operation for the day on Monday.

The benchmark index, which opened at 1764.74, plunged by 5.0 per cent to rest at 1677.04 at 1:30, compelling Nepse to clamp the circuit breaker this afternoon.

Around 1.162 million shares of 130 companies were traded with a total turnover of Rs 879.38 million today.

The country’s only secondary market was southbound since last week.

Nepse clamps first circuit breaker when the index rises or falls by three per cent. The trading is then suspended for 15 minutes.

Nepse clamps second circuit breaker when the index rises or falls by four per cent. The trading is then suspended for 30 minutes.

Nepse clamps third circuit breaker when the index rises or falls by three per cent. The trading is then halted for the day.

Market Summary

Total Turnover              Rs 879,381,811
Total Traded Shares           1,162,571
Total Transactions            4,816
Total Scrips Traded           130
Total Market Capitalisation Rs 1,847,127.83 mln
Floated Market Capitalisation      Rs 613,765.53 mln

Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

Nepal COVID-19 Update: 1351 new cases, 742 recoveries, four fatalities recorded on Monday

KATHMANDU: Nepal’s Health Ministry, in its regular press briefing, shared the latest updates on coronavirus contagion from across the country, and government’s response to the health crisis. READ ALSO: Kathmandu Valley records 817 infections on Monday As of today, 998,407 tests throug Read More...

K-pop’s BLACKPINK drop teaser for title track ‘Lovesick Girls’ from debut album

KATHMANDU: K-pop’s most popular girl band BLACKPINK on September 28 announced Lovesick Girls, the title track of their debut full-length LP The Album. According to The Korea Times, the group's label YG Entertainment dropped a teaser poster on social media, announcing the title track, Lovesi Read More...

President issues three ordinances

KATHMANDU: President Bidya Devi Bhandari has issued three ordinances, including one related to prevention and control of acid and other harmful chemicals. The President issued these ordinances in accordance with Article 114 (1) of the Constitution of Nepal and on the recommendation of the Council Read More...

Nepal, Oman to sign labour agreement soon

KATHMANDU: Nepal's Ambassador to Oman, Sharmila Parajuli Dhakal paid a courtesy call on Labour Minister of Oman Dr Mahad bin Saeed bin Ali Baouin at latter’s office. Ambassador Dhakal congratulated Dr Mahad for his appointment to the post of Labour Minister of Oman. On the occasion, both o Read More...

Global K-pop sensation BTS to drop new album ‘BE’ on November 20

KATHMANDU: K-pop supergroup BTS have announced their new album titled BE, which they will be releasing on November 20. The group’s label Big Hit Entertainment took to the group's online fan community BTS Weverse on September 28 to make the announcement, reports The Korea Herald. Without el Read More...

Armenia and Azerbaijan step up fighting in fiercest clashes since 1990s

Each side says the other firing heavy artillery Worries resurface about South Caucasus stability Azerbaijan says six of its civilians killed Nagorno-Karabakh said 15 more of its soldiers killed YEREVAN/BAKU: Fighting between Armenia and Azerbaijan escalated sharply on Monday in a Read More...

Diogo Jota

Liverpool maintain 100% start with win over Arsenal

LIVERPOOL: Premier League champions Liverpool maintained their 100% start to the season with a 3-1 win against Arsenal at Anfield on Monday leaving them level on nine points with pacesetters Everton and Leicester City. The visitors took the lead through an Alexandre Lacazette strike but L Read More...

Fulham, Aston Villa, Ivan Cavaleiro, Matty Cash

Villa beat Fulham 3-0 to move into top four

LONDON: Aston Villa moved into the Premier League top four after they strolled to a 3-0 win at Fulham thanks to goals from Jack Grealish, Conor Hourihane and Tyrone Mings in a lopsided contest on Monday. The result left Villa, who narrowly avoided relegation last season, fourth on a maximu Read More...