Posted on 2009-07-08
KATHMANDU: The Nepal Stock Exchange (NEPSE) maintained its rebound gaining 0.98 point at the end of trading Monday.
Only a few sub-indices showed an increment on the floor. The highest gainer among the sub-indices was the development bank sector which grew 10.73 points followed by banking with an increase of 1.65 points and the finance sector which increased 1.08 points. However, the hydropower sector, which was on top yesterday, showed a decline of 11.35 points and insurance also fell 1.59 points.
Among the 20 commercial banks on NEPSE, Nabil Bank posted the biggest growth with its stock rising by 85 points while Siddhartha Bank lost the most on the trading floor by shedding 33 points on Monday. Similarly, among the 11 development banks whose shares were traded on NEPSE on Monday, Triveni Bikas Bank witnessed the highest increase of 51 points while Clean Energy Development Bank dropped 7 points.
Likewise, Fewa Finance Company was the highest gainer among finance companies with an increase of 45 points in its share price. United Finance lost 26 points. The turnover at NEPSE on Monday stood at Rs. 51.043 million compared to Rs. 107.016 million on Sunday through 94,427 units of shares. The top five gainers on NEPSE were Annapurna Bikas Bank with a 9.07 percent rise in its stock price followed by Triveni Bikas Bank, Fewa Finance Company, ACE Development Bank and Swabhalambhan Bikas Bank.
Similarly, the top five losers on Monday were Siddhartha Bank which fell by 3.61 percent followed by Lumbini Bank, United Finance, KIST Bank and Lord Buddha Financial Institution.
Bank of Asia Nepal topped the chart in terms of turnover with Rs. 3.776 million.
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