NEPSE falls again

KATHMANDU, Aug 4 - The Nepal Stock Exchange (NEPSE) Monday fell 4.55 points. The sensitive index also declined by 2.12 points.
Most NEPSE sub-indices took a tumble too. The banking sector lost the most with a drop of 10.23 points followed by development bank, insurance and finance which shed 1.3 points, 0.19 point and 0.06 point respectively. The hydropower and trading sectors were the only ones to post a rise.
The share market witnessed a total turnover of Rs. 79.655 million with 134,350 shares being traded. Shares of 65 companies changed hands on NEPSE.
Among the 18 commmercial banks listed on NEPSE, Laxmi Bank posted the biggest growth with its stock rising by 7 points.
Similarly, among the 15 development banks whose shares were traded on NEPSE on Monday, Malika Bikas Bank witnessed the highest increase of 27 points.
Among the 23 finance companies on NEPSE, Lumbini Finance Limited was the highest gainer among finance companies with an increase of 49 points.
The top five winners on NEPSE were Lumbini Finance with a 9.96 percent rise in its stock price followed by National Hydropower Company, Malika Bikas Bank,
Shikhar Bittiya Sanstha and Lord Buddha Financial Institution.
Similarly, the top five losers on Monday were Kumari Bank which fell by 4.35 percent followed by DCBL Bank, ICFC Bittiya Sanstha, United Finance and Nepal Credit and Commerce Bank.
Citizens Bank International topped the chart in terms of turnover with Rs. 12.756 million.
Kantipur Report