KATHMANDU, AUG 10 -
The Nepal Stock Exchange (NEPSE) remained in the red zone for the second consecutive day on Tuesday losing 1.65 points. Losses suffered by five sectors pulled down the benchmark index to 455.71 points.

A rise in the number of companies on the trading floor could not prevent the secondary market from tumbling. The others sector suffered the most dropping 3.53 points followed by hotels, development banks, commercial banks and insurance companies that lost 2.72 points, 2.59 points, 1.34 points and 1.22 points respectively.

However, the sub-indices of insurance companies and hydropower companies posted small gains of 1.16 points and 0.24 point respectively.

Likewise, share prices of 26 companies gained against a drop in the stock of 39 companies. Share prices of eight companies did not see any change. Among the 73 companies on the trading floor, Standard Chartered Bank suffered the most by losing Rs. 34 per share. Life Insurance Company gained the most by adding Rs. 33 per share. The secondary market saw a turnover of Rs. 31.28 million from the trading of 66,210 shares in 1,009 transactions.

Posted on: 2010-08-11 07:57

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