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NEPSE back in the red
KATHMANDU, AUG 05 -
Failing to keep up with the slight recovery on Wednesday, NEPSE shed 2.48 points on Thursday, the last trading day of the week. The benchmark index slid to 458.41 points despite an increase in the number of shares traded.
On Thursday, a fall in the sub-indices of five groups dragged the stock market into the negative zone. The sub-indices of development banks, hydropower companies, commercial banks, hotels and finance companies dropped 4.66 points, 3.43 points, 3.24 points, 0.76 point and 0.65 point respectively.
Insurance companies were the sole gainer of the day with a rise of 0.46 point.
Among the 74 companies on the trading floor, Everest Bank suffered the most, losing Rs. 75 per share while Nerude Laghubitta Bikas Bank posted the highest gain of Rs. 38 per share for four consecutive days.
The stock market witnessed a turnover of Rs. 43.50 million from 1,169 transactions on Thursday. Likewise, promoter shares of People's Finance Company contributed 15,248 shares out of the total 100,169 shares that changed hands.
Posted on: 2010-08-06 08:30
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