Nepal Stock Exchange (Nepse) today suspended stock trading of
Global IME Bank and Commerz and Trust Bank Nepal as they have yesterday entered
into an agreement to merge yesterday.
The Nepse
after getting the information of the merger between the two commercial banks
has suspended their stock trading, according to the secondary market, where per
unit share of Global IME Bank has been
traded at Rs 430 per unit, whereas Commerz and Trust Bank Nepal's stock was
traded at around Rs 200 per until yesterday.
Meanwhile,
the Nepse index today defied the strike and posted a double digit gain closing
at a four year high of 591.22 points from the morning's opening of 580.45
points due to all the seven sub groups gain.
The insurance sub group is
the highest grosser as it has gained 39.76 points in a day, followed by others
sub group – that gained 17.62 points – due to Nepal Telecom's gain.
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