This week (Feb 23-Feb 27), the stock index gained 197.60 points and closed on Rs. 1632.17 points. Nepse index climbed by 13.77 percent in the five trading days. With the surge in the banking stocks, the market saw a huge turnover of Rs. 18.63 Arba. The Nepse index is shown in the table below:
|Feb 23, 2020||1504.14|
|Feb 24, 2020||1502.18|
|Feb 25, 2020||1545.19|
|Feb 26, 2020||1596.13|
|Feb 27, 2020||1632.17|
Banking stocks picked up a bullish trend this week and saw their stock price skyrocket by as high as 30 percent in the 5 trading days. Seven bank stocks occupied the top ten list in the gainers’ category.
Unilever Nepal was the top gainer for this week with the rise in the price by 30.71 percent. The share price of UNL closed on Rs. 23,330.
Likewise, Everest Bank share price inclined by 29.41 percent to Rs. 880 followed by Standard Chartered Bank with a 27.20 percent surge in the price.
The top ten gaining stocks of this week are shown in the table below:
TOP 10 GAINER STOCKS OF THE WEEK
|S.N||STOCKS||Beginning Price [Feb 20]||Last Price [Feb 27]||Percent Change|
|1||Unilever Nepal Limited||17849||23330||30.71|
|2||Everest Bank Limited||680||880||29.41|
|3||Standard Chartered Bank Limited||658||837||27.20|
|4||Nabil Bank Limited||755||955||26.49|
|5||Nepal SBI Bank Limited||429||542||26.34|
|6||Manjushree Finance Ltd.||203||253||24.63|
|7||Nepal Investment Bank Limited||396||484||22.22|
|8||Himalayan Bank Limited||574||698||21.60|
|9||Gurans Life Insurance Company Ltd.||830||1009||21.57|
|10||NMB Bank Limited||413||498||20.58|