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BFIs’ share prices propel NEPSE upward

Sharp rise in share prices of banks and financial institutions (BFIs) pulled up the overall index of the secondary market on Sunday.
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By REPUBLICA

KATHMANDU, July 13: Sharp rise in share prices of banks and financial institutions (BFIs) pulled up the overall index of the secondary market on Sunday.



For the past few days, the BFIs have been witnessing a bounce back in their market prices. According to the Nepal Stock Exchange (NEPSE), microfinance gained 173.22 points, while development banks added 83.38 points, banking 49.09 points and finance inclined 46.74 points.


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Of the top 20 gainers, 18 were microfinance institutions and commercial banks. 


 

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