Top 10 Trending Stocks of the Week: Everest Bank price shoots up by 30%

INVESTOPAPER

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:

Date NEPSE Index
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

 

Investopaper

Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics.

One thought on “Top 10 Trending Stocks of the Week: Everest Bank price shoots up by 30%

  • February 10, 2020 at 4:48 am
    Permalink

    nice one .. if you can provide me the details on stock price behavior latest reviews then it will be better

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!