Turnover above Rs 365 million; 52 percent transactions of only NBL shares

ShareSansar, December 31:

The benchmark index of Nepal stock exchange limited (NEPSE) went down today by 4.9 points or 0.54 percent to close at 902.33 level, compared to previous day closing of 907.23 mark index.

However the local bourse has managed to remain above 900 mark throughout the day touching the intraday low of 901.28 level.

More than 52 percent transaction was done of only Nepal Bank’s shares amounting total of Rs 192.21 million.

The total turnover has surged by more than Rs 131 million than previous day’s total of Rs 226.3 million.
Altogether 1,063,950 shares of 122 companies were traded today through 2,071 transactions worth Rs 365.02 million.


Among the sub-indices, Banking, which covered almost 80 percent of today’s turnover, plunged by 8.42 points or 1.05 percent amid the drop in share price of Nabil Bank by Rs 53.
Hotels and HydroPower dipped by double digits of 16.62 points and 30.19 points respectively.
Finance dropped by meager 1.68 point or 0.35 percent.
However Development and Insurance recorded surge of 3.8 points and 24.21 points respectively attributed by surge in share price of First Microfinance Development Bank by Rs 87 and Rastriya Beema Sansthan by Rs 519.


Companies like Kalika Microcredit, Seti Finance, Rastriya Beema Santhan, Mithila Laghubitta and First MicroFinance Development bank were among the top gainers of the day.
Whereas Yeti Development, Everest Insurance, Himalayan General Insurance, Nepal Credit and Commerce and Nabil bank were  among the top losers of the day.