The Nepal Stock Exchange (NEPSE) soared up by 6.72 points at the end of trading Thursday.
This is after a very long period of time that all the sub indices have witnessed an increase in their share prices. Among the sub indices, the banking sector witnessed the highest growth of 6.7 points followed by the hydropower sector which grew by 6.44 points. Develop-ment bank sector saw an increase of 4.22 points, insurance sector with an increase of 3.74 points and finally the finance sector which increased by 2.68 points.
Among the 20 commercial banks on NEPSE, Nabil Bank posted the biggest growth with its stock rising by 106 points while the Nepal Industrial and Commerce Bank lost the most on the trading floor by shedding 42 points on Thursday.
Similarly, among the 8 development banks whose shares were traded on NEPSE on Thursday, Infrastructural Develop-ment Bank witnessed the highest increase of 16 points while Annapurna Bikas Bank dropped 23 points.
Likewise, Fewa Finance Company Limited was the highest gainer among finance companies with an increase of 70 points in its share price. Everest Finance lost 144 points.
The turnover at NEPSE on Thursday stood at Rs. 77.567 million through 102,797 units of shares.
The top gainer on NEPSE was Fewa Finance Company Limited with a 9.38 percent rise in its stock price.
Similarly, the top loser on Thursday was Everest Finance Limited which fell by 32.58 percent.
Source: eKantipur
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Friday, July 10, 2009
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