The highest turnover of commercial banks, the banking index raised 4.27 percent

Oct Wed 2020 06:01:19

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The highest turnover of commercial banks, the banking index raised 4.27 percent

Kathmandu. Commercial banks have dominated the stock market on the first trading day after ten years. The index of the commercial bank group, which has the largest share in the stock market, has risen the most by 4.27 percent.

Global IME Bank, Prime Commercial Bank, Prabhu Bank, Citizens Bank International, Nepal Bank, Kumari Bank, NIC Asia Bank, NMB Bank, Civil Bank and Mega Bank are among the top 10 trading companies on this day. Of the 26 listed commercial banks, only seven have declared dividends so far.

Global IME Bank has the highest turnover. Total Rs. 2.72 billion 59.94 million worth of shares of Global IME Bank. 206.5 million 44 thousand shares have been bought and sold.

 The bank had proposed a total dividend of 16 percent for this year on November 20. The bank has proposed to pay 14 percent bonus share and 2 percent cash dividend. The most traded stock, Global IME Bank, traded at Rs. The final price has risen to Rs. 301.

 Prime Commercial Bank's share price has risen the most. The share price of this bank is 9.90 percent or Rs. 30 and the final price is Rs. 333 has been maintained. Shares of Nepal Finance and Citizens Bank International rose 9.62 percent and 9.55 percent, respectively. Shares of Panchakanya Mai Hydropower fell the most at 3.47 percent on Wednesday. The share price of this company is Rs. 5 and the final price is Rs. It has dropped to 139.