NEPSE drops 4.48 points
KATHMANDU, June 22 - The secondary market of Nepal witnessed a decline of 4.48 points on Sunday. The Nepal Stock Exchange (NEPSE) had registered a minor gain of 4.97 points on Thursday. NEPSE had a total turnover of Rs. 51.404 million through the transaction of 107,728 units of shares. All the sub-indices on NEPSE witnessed a drop on Sunday with the banking sector standing on top with a drop of 7.07 points. Meanwhile, hydropower dropped by 4.65 points, development bank by 3.24, insurance by 1.92 points and finance by 1.46 points.On Sunday, four commercial banks saw their stock going up while the stock of 16 banks fell. Nepal SBI Bank was the highest gainer among commercial banks with a rise of 20 points in its share price while Standard Chartered Bank lost the most on the floor with a 34-point plunge.Chhimek Bikas Bank led the development banks with a gain of 12 points while only four development banks posted a growth in their stock prices. Among the 16 finance companies, Kaski Finance was the biggest gainer with its stock going up by 11 points. The top gainers on NEPSE were Chhimek Bikas Bank with an increase of 3.8 percent in its share price followed by Reliable Finance, Shikhar Bittiya Sanstha, Siddhartha Bank and Butwal Power Company.Meanwhile, the top losers on Sunday were Premier Insurance Company with a decline of 9.57 percent in its share price.
KATHMANDU, June 22 - The secondary market of Nepal witnessed a decline of 4.48 points on Sunday. The Nepal Stock Exchange (NEPSE) had registered a minor gain of 4.97 points on Thursday. NEPSE had a total turnover of Rs. 51.404 million through the transaction of 107,728 units of shares. All the sub-indices on NEPSE witnessed a drop on Sunday with the banking sector standing on top with a drop of 7.07 points. Meanwhile, hydropower dropped by 4.65 points, development bank by 3.24, insurance by 1.92 points and finance by 1.46 points.On Sunday, four commercial banks saw their stock going up while the stock of 16 banks fell. Nepal SBI Bank was the highest gainer among commercial banks with a rise of 20 points in its share price while Standard Chartered Bank lost the most on the floor with a 34-point plunge.Chhimek Bikas Bank led the development banks with a gain of 12 points while only four development banks posted a growth in their stock prices. Among the 16 finance companies, Kaski Finance was the biggest gainer with its stock going up by 11 points. The top gainers on NEPSE were Chhimek Bikas Bank with an increase of 3.8 percent in its share price followed by Reliable Finance, Shikhar Bittiya Sanstha, Siddhartha Bank and Butwal Power Company.Meanwhile, the top losers on Sunday were Premier Insurance Company with a decline of 9.57 percent in its share price.
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