Stock Market plunges by double digit amidst rising political uncertainty; Turnover limited to Rs 69.24 crore
Sun, May 7, 2017 4:11 PM on Latest, Featured, NEPSE News, Stock Market,
On the first trading day of the week, the benchmark index at Nepal Stock Exchange Limited (NEPSE) dropped by 24.20 points or 1.46% to close at 1628.98 points.
Nepse Index opened at 1653.26 points today and the local bourse was seen in downward trend afterward. Lack of confidence was seen in buyers amidst the ongoing political clash between judiciary and executive bodies.
The total turnover of the day stood above Rs 69.24 crore where 9,99,712 unit shares were traded thru 6,511 transactions.
60,729 units shares of Prabhu Bank Limited (PRVU) and 58,244 units shares of Nepal Credit and Commerce Bank Limited (NCCB) were traded the most today. Nepal SBI Bank Limited (SBI), Nepal Investment Bank Limited (NIB) and Prabhu Bank Limited (PRVU) had the highest turnovers today.
Sahara Bikas Bank Limited (SHBL) and Mero Microfinanace Bittiya Sanstha Limited (MERO) were among top gaining companies whereas companies like Naya Nepal Laghubitta Bikas Bank (NNLB), Kisan Microfinance Bittiya Sanstha limited (KMFL), Sindhu Bikas Bank Limited (SINDU) and Mithila Laghubitta Bikas Bank Limited (MLBBL) were among top losers today.
Sensitive index and float index went down by 5.62 points and 1.96 points respectively.
Except Manufacturing & Production and others, all the sub-indices landed in red zone today. Insurance sub-index lost the most (112.3 points).
Nepse Index opened at 1653.26 points today and the local bourse was seen in downward trend afterward. Lack of confidence was seen in buyers amidst the ongoing political clash between judiciary and executive bodies.
The total turnover of the day stood above Rs 69.24 crore where 9,99,712 unit shares were traded thru 6,511 transactions.
60,729 units shares of Prabhu Bank Limited (PRVU) and 58,244 units shares of Nepal Credit and Commerce Bank Limited (NCCB) were traded the most today. Nepal SBI Bank Limited (SBI), Nepal Investment Bank Limited (NIB) and Prabhu Bank Limited (PRVU) had the highest turnovers today.
Sahara Bikas Bank Limited (SHBL) and Mero Microfinanace Bittiya Sanstha Limited (MERO) were among top gaining companies whereas companies like Naya Nepal Laghubitta Bikas Bank (NNLB), Kisan Microfinance Bittiya Sanstha limited (KMFL), Sindhu Bikas Bank Limited (SINDU) and Mithila Laghubitta Bikas Bank Limited (MLBBL) were among top losers today.
Sensitive index and float index went down by 5.62 points and 1.96 points respectively.
Except Manufacturing & Production and others, all the sub-indices landed in red zone today. Insurance sub-index lost the most (112.3 points).
