Share Investors divert in banking sector, Around 7 billion Share Trading

Nov Sun 2020 04:40:52

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Share Investors divert in banking sector, Around 7 billion Share Trading

Investor attraction in the banking group has increased on Sunday. On this day, the index of banking subgroup has increased by more than 2 percent while the index of development bank subgroup has also increased by 0.64 percent.

Of the 12 subgroups traded on Sunday, all except the Banking, Development Bank and other subgroups showed negative indicators. Till a few days ago, the sub-indices of trade, manufacturing and non-life insurance sub-segments have been rising sharply.


On the same day, the Nepse index increased by 0.26 percent or 4.69 points and reached 1782.81 points. The sensitive index also rose by 2 points to 345.07 points. On Sunday, 16 million shares of 201 companies were bought and sold for Rs 6.90 billion.

Citizen Mutual Fund's unit price rose the most at 10 percent, followed by Janaki Finance at 9.21 percent, Prabhu Bank's 6.71 percent, Navil Bank's 6.63 percent and Azod Insurance's 4.80 percent.

Mountain Hydro fell the most at 8.93 percent, followed by Salt Trading Corporation at 6.09 percent, Pokhara Finance at 6.07 percent and Rastriya Bima Company at 5.52 percent.

The highest turnover of Rs 579.1 million was recorded in Nepal Reinsurance, followed by Nepal Life Insurance at Rs 295.6 million, Nepal Telecom Company at Rs 275.5 million and Himalayan Distillery at Rs 265.3 million.