Nabil Bank has risen to first place in market capitalization, surpassing Nepal Telecom. On the last trading day of the year, Nabil Bank has become number one in terms of capitalization after the improvement in its share price.
The bank's market capitalization stood at Rs 196.67 billion after Thursday's trading. The bank, which has 134.81 million 584 shares listed, has a share price of Rs 1,459 per share.
The share price of Nabil Bank had risen by Rs 5 on Thursday while the share price of Nepal Telecom, which is number one in the market capitalization, had dropped by Rs 6 per share.