NEPSE falls 5.48 points

KATHMANDU, July 31 - The Nepal Stock Exchange (NEPSE) Thursday continued its downturn after it fell by 5.48 points.
Majority of the sub indices at NEPSE witnessed a downturn. Finance sector was the only one to gain on the floor by rising 0.81 points. The banking sector lost the most by shedding 7.13 points followed by development bank sector which fell by 7.07 points and the hydropower sector which lost 2.14 points.
The share market witnessed a total turnover of Rs. 82.575 million with 159,384 shares being traded. Shares of 62 companies changed hands on NEPSE.
Among the 21 commercial banks listed on NEPSE, Machhapuchhre Bank posted the biggest growth with its stock rising by 13 points while Everest Bank lost the most on the trading floor by shedding 94 points.
Similarly, Swabala-mbhan Bikas Bank witnessed the highest increase of 62 points among the development banks while Annapurna Bikas Bank dropped 28 points. Among the 23 finance companies, Annapurna Finance Company Limited gained the highest by increasing 39 points. Lumbini Finance lost 113 points.
The top five winners were Swabalambhan Bikas Bank with a 9.89 percent rise in its stock price followed by Annapurna Finance Company Limited, Prabhu Finance, Machha-puchhre Bank Limited and Malika Bikas Bank Limited.
The top five losers on Thursday were Lumbini Finance Limited which fell by 20 percent followed by Annapurna Bikas Bank, Central Finance Company Limited, Everest Bank Limited and Capital Merchant Banking and Finance Limited.
Kantipur Report