KATHMANDU, July 14: Share prices of banks and financial institutions (BFIs) plummeted by notable values on Monday, taking down the sensitive index by 6.83 points.
It was just on the next day of the bouncing back of the BFIs’ shares, the segment left the investors disappointed. On Sunday, the index of blue chip companies rose by 9.16 points. Of the top 20 losers, 16 were the BFIs.
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In the intraday trading on Monday, development banks declined 85.41 points, highest in the segment. Microfinance index plunged by 63.41 points, the banking subindex by 37.02 points and finance index by 28.74 points.
