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NEPSE sheds points, again
KATHMANDU, JUN 21 -
Nepal Stock Exchange (NEPSE) shedded 6.38 points on Monday again, although the market saw a slight gain of 0.36 point on Sunday.
With all groups witnessing a fall, NEPSE plunged to 468.61 points on Monday when the market closed for the day.
The fall in the index is led by other sectors that dropped 23.49 points, followed by the banking, insurance and development banks with a loss of 3.06 points, 2.94 points, and 1.81 points respectively.
Similarly, groups representing finance companies and hydropower companies saw a drop of 1.28 points and 0.73 points respectively.
Among the 64 companies on the trading floor, shares of just 24
companies went up while share prices of 33 companies went down. Seven companies did not witness a change in their share prices.
Share prices of heavyweights like Standard Chartered Bank, Nabil Bank and Everest Bank saw a drop of Rs. 80, Rs. 40 and Rs. 30 per share that pulled down the commercial banks’ group.
The banking group witnessed trading of 23 banks, while Prime Commercial Bank topped in terms of share price rise by Rs. 9.
On Monday, shares of Chhimek Vikash Bank topped the group earning Rs. 8 per share among the 13 development banks on the trading floor. On the other hand, Triveni Bikas Bank suffered a loss of Rs. 7 per share.
Out of the 19 finance companies
on the trading floor, Reliable
Finance Company topped the group, with an increment of Rs. 12 per share, while Patan Finance Company shed Rs. 26 per share.
The capital market registered a turnover of Rs. 45.72 million with trading of 158,539 shares through 843 transactions.
Posted on: 2010-06-22 08:53
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