NEPSE continues to fall

KATHMANDU, July 30 - The Nepal Stock Exchange (NEPSE) fell again by 7.56 points on Wednesday. The sensitive index also declined by 2.68 points.

All the NEPSE sub-indices took a tumble too. The trading sector lost the most with a drop of 10.8 points followed by banking, development bank, hydropower and finance which shed 10.75 points, 2.02 points, 2.09 points and 1.35 points respectively.

The share market witnessed a total turnover of Rs. 104.328 million with 152,799 shares being traded. Shares of 62 companies changed hands on NEPSE.

Among the 20 commercial banks listed on NEPSE, Nepal Bangladesh Bank posted the biggest growth with its stock rising by 12 points while Laxmi Bank lost the most on the trading floor by shedding 103 points.

Similarly, among the 17 development banks whose shares were traded on NEPSE on Wednesday, Swabhalambhan Bikas Bank witnessed the highest increase of 46 points while Infrastructural Develop-ment Bank dropped 23 points. Among the 18 finance companies on NEPSE, Prabhu Finance was the highest gainer with an increase of 26 points in its share price. Narayani Development Bank lost 38 points.

The top five winners on NEPSE were Prabhu Finance with a 3.94 percent rise in its stock price followed by Swabhalambhan Bikas Bank, ICFC Financial Institution, Standard Finance and Lord Buddha Financial Institution.

Similarly, the top five losers on Wednesday were Narayani Development Bank which fell by 12.75 percent followed by Lumbini Bank, Annapurna Finance Company, Bishal Bazaar Company and

Nepal Development and Employment Promotion Bank. Citizens Bank International topped the chart in terms of turnover with Rs. 13.762 million.

Kantipur