Business

Nepal share market affected as BFIs increase interest rates

Nepal share market affected as BFIs increase interest rates

By THT Online / Rastriya Samachar Samiti

KATHMANDU: The increase in interest rate by the banks and financial institutions (BFI) created ripples in Nepal's domestic share market on Monday, the Rastriya Samachar Samiti reported. NEPSE index, which witnessed a decline last week, saw a further fall by 65.44 points today. NEPSE index, which opened at 1375.47 points this morning, closed at 1309.7o. Those to lose most are the investors from insurance group, NEPSE said, adding that the insurance sub-indicator dropped by 837 per cent, followed by hotel sub-indictor that slipped by 7.24 per cent, according to the report.

Market Summary Total Turnover Rs: 536,628,385 Total Traded Shares 1,126,465 Total Transactions 5,649 Total Scrips Traded 123 Total Market Capitalization Rs. 1,473,626.60 Millions Floated Market Capitalization Rs. 503,466.53 Millions
Market Information
Index Turnover Current Points Change %Change NEPSE 512,318,000.00 1,309.70 65.44 4.76   Sensitive 453,911,000.00 284.07 14.41 4.83   Float 512,318,000.00 96.91 4.82 4.74   Sen. Float 453,911,000.00 84.76 4.24 4.76   Sub-Indices Turnover Current Points Change %Change Banking 284,441,000.00 1,247.99 60.55 4.63   Hotels 2,741,320.00 1,646.84 128.48 7.24   Development Bank 57,460,600.00 1,389.57 48.99 3.41   HydroPower 14,823,900.00 1,547.83 73.09 4.51   Finance 12,917,300.00 619.30 35.92 5.48   Insurance 125,121,000.00 5,737.24 546.55 8.7   Others 14,812,200.00 688.63 15.04 2.14  
Top Ten Stocks by Turnover Symbol Turnover Closing Price As of 2017-01-30 15:00:00 NLIC 29,050,789.00 2,255.00 NBB 28,028,055.00 638.00 SBL 27,789,228.00 896.00 PRVU 24,417,315.00 291.00 BOKL 20,671,684.00 540.00 SANIMA 19,852,026.00 460.00 NIB 17,642,757.00 640.00 EBL 15,713,957.00 1,685.00 SBI 14,716,067.00 1,350.00 ALICL 14,623,335.00 1,121.00