Nepal share market affected as BFIs increase interest rates

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