Nepse fall continues

Thu, Jun 9, 2011 12:00 AM on Others, Others,
KATHMANDU, June 9:
Nepse on Wednesday continued its free fall to close the secondary market at 311.27 points — the lowest in last seven years. Others, commercial banks, development banks and insurance companies dragged the Nepse down though hydropower and hotels subgroups gained in the day’s trading. The others’ subgroup lost 11.74 points due to Nepal Telecom, followed by commercial banks and development banks sub groups. Nepal telecom lost Rs 10 per unit shares, whereas Laxmi Bank lost Rs 40 and Nabil Bank lost Rs 25, and Investment Bank and NCC Bank each lost Rs 2o each on their per unit shares. Similarly, Unilever Nepal lost Rs 105 per unit share.

Source: THT