KATHMANDU, JUL 20 -
The Nepal Stock Exchange (NEPSE) bounced back Tuesday with a gain of 2.56 points. The secondary market which had been declining for two consecutive days this week saw the benchmark index going up to 468.86 points when the market closed for the day.

NEPSE rose with the sub-indices of five sectors taking an upward trend. The others sector topped the list of gainers with a rise of 5.87 points. Commercial banks and development banks added 3.3 points and 2.65 points respectively. Similarly, insurance companies and finance companies posted gains of 1.86 points and 1.15 points respectively. However, hotels and hydropower companies shed 2.23 points and 0.53 point respectively.

Among the 68 companies on the trading floor, 29 companies witnessed an increase in their share prices, 22 companies saw their stocks decline and 17 companies saw no change. SBI Bank was the highest gainer on Tuesday with a rise of Rs. 20 per share while Everest Bank preference shares suffered the most dropping Rs. 73 per share.

The secondary market witnessed a turnover of Rs. 31.24 million with 50,993 shares changing hands in 785 transactions.

Posted on: 2010-07-21 07:50

Post Your Comment

Please note that all the fields marked * are mandatory.

* Full Name

* Address

* Email Address

* Comment
[Some of the HTML tags you can use : <b>, <i>, <a>]

* Captcha

Get another CAPTCHA code