NEPSE down 0.77 point

The Nepal Stock Exchange (NEPSE) went back down Thursday dropping 0.77 points to close at 681.54. Thursday's trading session saw the banking sector, a major component of the secondary market, declining by 2.51 points while the finance sector lost 1.32 points. Among the leading sub-indices on NEPSE, the hydropower sector gained 7.12 points while the development bank sector, hotel sector and insurance sector increased by 4.54 points, 2.9 points and 0.2 point respectively. Total transactions on NEPSE reached Rs. 93.996 million with 130,129 units of shares being traded. Shares of 68 companies changed hands on NEPSE.Among the 22 commercial banks whose shares were traded on NEPSE on Thursday, the Bank of Kathmandu posted the biggest growth with its stock rising 76 points while Nabil Bank lost the most on the trading floor by shedding 100 points. Similarly, among the 15 development banks, Gurkha Development Bank witnessed the highest increase of 27 points while Ace Development Bank Limited lost 4 points.Among the 22 finance companies, World Merchant Bank Ltd was the highest gainer with an increase of 47 points.
Source: Kantipur