After two consecutive days gain, Nepal Stock Exchange (NEPSE) recorded minimal loss on Thursday. NEPSE index closed at 684.39 points at the close of the last trading day of the week.
It was the day when trading of two new commercial banks - Citizens Bank International and Bank of Asia Nepal - commenced. Among them, Citizens Bank International got better price than the Bank of Asia. Bank of Asia's price reached a peak of Rs. 533 and closed at Rs. 474. Similary, Citizen Bank International's stock went up to Rs. 588 but closed at Rs. 572.
Thursday saw trading of 4,430 units of Citizens Bank shares whereas the number of Bank of Asia was 5,870 units.
Shares of 19 commercial banks were traded on Thursday with the stock prices of seven banks showing an increase. Standard Chartered Bank lost the most on the floor with a 80-point decline.
Among the 10 development banks whose shares were traded on NEPSE, four saw its share prices going up. The top gainer among development banks was Triveni Bikas Bank whose stock rose 30 points while Ace Development Bank was the biggest loser with its stock shedding 15 points.
Triveni Bikas Bank, Nepal Bangladesh Bank, Pashupati Development Bank, Kaski Finance and Gorkha Development Bank were the top gainers at NEPSE. People's Finance, Global Bank, Nepal Express Finance, Pokhara Finance and DCBL bank were the top five losers.
Source: Ekantipur
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Friday, June 12, 2009
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