Posted on 2009-07-15
KATHMANDU: The Nepal Stock Exchange (NEPSE) continued its upward run on Sunday with NEPSE index rising by 8.18 points. NEPSE index closed at 711.06 points at the end of trading on Sunday.
The double digit rise in banking sub-index pushed the NEPSE index. The banking sub-index was increased by 14.39 points. Finance and insurance were other indices to post gain. Finance up by 2.44 points, Insurance up by 4.53 points.
Development bank and hydropower were down by 0.71 points and 8.21 points respectively.
Among the 22 commercial banks on NEPSE, Nabil Bank posted the biggest growth with its stock rising by 140 points while the KIST Bank lost the most on the trading floor by shedding 6 points on Sunday.
Similarly, among the 9 development banks whose shares were traded on NEPSE on Sunday, Triveni Bikas Bank had the highest increase of 58 points while Business Development Bank dropped 20 points. Likewise, Central Finance was the highest gainer among finance companies with an increase of 28 points in its share price. Fewa Finance lost 16 points.
The turnover at NEPSE on Sunday stood at Rs. 116.58 million through 284,664 units of shares. 54 companies at the trading floor.
The top five gainers on NEPSE were Bank Of Asia Nepal Limited which saw an increase of 9.56 percent in its share price followed by Triveni Bikas Bank Limited, Kumari Bank Limited, Central Finance Company Limited and Nepal Credit and Commerce Bank.
Similarly, the top five losers of the day were Standard Finance Limited which lost 3.08 percent of its share price followed by Business Development Bank Limited, Nepal Finance and Saving Company Limited, Butwal Power Company Limited and Sanima Vikas Bank Limited.
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