Which stock got a negative circuit on the first trading day?

Jun 29, 2020 12:19 PM Merolagani

A stock debuts today in the domestic stock market. However, on the very first day, it decreased 10 percent and went to have a negative circuit in the market.

The stock is Nepal Reinsurance Company (NRIC). The stock that was allocated and listed during the lockdown opened with a price of Rs 424.

In the first forty minutes of trading, the stock fell by Rs 42 to Rs 382. The market depth shows huge selling pressure with zero demand.

 

 

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