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NEPSE slips 0.97pt
KATHMANDU, JUL 11 -
A drop in sub-indices of four sectors at Nepal Stock Exchange (NEPSE) brought down the benchmark index by 0.97 point on Sunday. NEPSE was at 460.02 points when it closed.
The dismal performance of hotels, hydropower companies, finance companies and insurance companies hit the secondary market. The hotel group led the losers shedding 10.43 points, followed by hydropower companies, insurance companies and finance companies with 6.02 points, 3.7 points and 0.33 point, respectively.
Meanwhile, commercial banks and development banks registered a slim gain of 0.97 point and 0.6 point, respectively.
Of the 21 commercial banks present on the trading floor, Nabil Bank rose e in share price by Rs. 21 per to top the chart while Global Bank lost Rs. 11 per.
Infrastructure Development Bank topped its group adding Rs. 12 per share while Malika Bikas Bank lost Rs. 9 per share. The price of shares of Lalitpur Finance Company rose by Rs. 23 per share to lead the group while Mahalaxmi Finance Company shed Rs. 31 per share. Among the hydropower companies, Butwal Power Company lost Rs. 26 per share. Soaltee Hotel lost Rs. 20 per share in the hotel group. Among 63 firms, share prices of 19 companies went up, 32 companies saw lost in share price and 12 saw no change.
The secondary market witnessed a turnover of Rs. 25.34 million from the trading of 67,157 shares in 688 transactions.
Posted on: 2010-07-12 09:20
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