END INCLINE, NARROWS THE NEPSE LOSS TO 0.88 POINTS

Sharesansar, 12th August
    
The profit booking from the short term investors today also dragged the Nepse index into red terrain.

Though the market inclined by more than one point within the first few minutes, the position liquidation from the big investors drifted the market towards the 537 levels.

However, the benchmark index came to make a recovery in the last hour of trade, narrowing the loss to meager 0.88 points. The local bourse today closed at 538.52 levels.

Among, sub-indices, Insurance today made a giant leap of 21.54 points alongside 2.36 point jump of Development.

While, Hydro dropped by 4.01 points followed by Banking with 2.75 points descend and  Others with 1.17 points fall. Similarly, Finance also slipped by 0.96 points.

In Finance sector, Unique Finance Ltd. proposed to give 12% cash dividend after approval from NRB and its upcoming AGM.  The scrip today closed at Rs 91.

All in all, the scrips of 110 companies were traded, out of which 42 scrips gained, 12 remained intact and 56 scrips lost.

The best performers for the day was, Sahayogi Vikas Bank (SBBLJ), closed at Rs 314, with Rs 28 or 9.79% gain.

Whereas, Lumbini Bank Limited Promotor Share (LUBLPO), closed at Rs 174, was the top loser with Rs 63 or 26.58% loss. Among the shares trading above par, Nepal Insurance Co. Ltd. (NICL), closed at Rs 250, was the top loser with Rs 23 or 8.42% loss.

In case of the highest shares traded among mutual fund, Siddhartha Investment Growth Scheme-1 (SIGS1), closed at Rs 10.60, topped with 42,600 units. In case of ordinary scrips, Prime Life Insurance Company Limited (PLIC), closed at Rs 325, topped with 22,822 units.

In terms of turnover also, Nepal Life Insurance Co. Ltd. (NLIC), closed at 1856, topped with 13,345 units worth Rs 23,772,957 via 16 transactions. The broker with the highest standalone dealing of the NLIC was Broker No 28 (Shree Krishna Securities Limited) with 88.91%; amounting Rs 42,275,200 via 7 transactions totaling  23,816 units which includes 3 matching transactions tallying  11,300 units worth Rs 20,012,800.

Overall, 369,331 units of share were traded by 1,826 transactions worth Rs 128,125,089; the market capitalization by the end of the day tallied to Rs 536,523.02 million.