Nepse Index hikes by 6.73% in a month’s time; Everest bank & United Insurance increases by 14.33% & 30.27% respectively
Wed, Mar 30, 2016 3:30 AM on Latest, Exclusive, Financial Analysis, Featured, Company Analysis,
On February 28, 2016 the benchmark index at Nepse closed at 1283.67 points. A month later, on March 29, 2016 the benchmark index at Nepse closed at 1370.04 points. The secondary market has hiked by 6.73% in a month’s time.
At present there are 18 commercial banks being traded at Nepal Stock Exchange Limited. Out of 18 only 10 commercial banks share price have hiked by more than 6.73%.
The share price of Everest Bank Limited (EBL) has hiked by 14.33% in just thirty days. On February 28, EBL’s closing price price stood at Rs. 2425, whereas on March 29, its last trading price remains at Rs. 2770.
There are three commercial banks whose price have gone down compared to the closing price of February 28.
The share price of Century Commercial Bank Limited (CCBL) has gone down by 2.85 percent. Its closing price on February 28 stands at Rs. 388 and closing price on March 29 stands at Rs. 378.
On March 29, there were 20 insurance companies being traded at Nepal Stock Exchange. Only the price of insurance companies traded on March 29 has been compared to respective insurance company’s price on February 28.
Out of 20 insurance companies, there are only 13 companies whose price have hiked by more than 6.73%.
The share price of United Insurance Limited (UIC) has hiked by 30.27% since February 28. The closing price of UIC on February 28 was at Rs. 621 whereas on March 29 its closing price has increased to Rs. 809.
There are three commercial banks whose price have gone down compared to the closing price of February 28.
The share price of Century Commercial Bank Limited (CCBL) has gone down by 2.85 percent. Its closing price on February 28 stands at Rs. 388 and closing price on March 29 stands at Rs. 378.
On March 29, there were 20 insurance companies being traded at Nepal Stock Exchange. Only the price of insurance companies traded on March 29 has been compared to respective insurance company’s price on February 28.
Out of 20 insurance companies, there are only 13 companies whose price have hiked by more than 6.73%.
The share price of United Insurance Limited (UIC) has hiked by 30.27% since February 28. The closing price of UIC on February 28 was at Rs. 621 whereas on March 29 its closing price has increased to Rs. 809.
