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Friday, January 28, 2022

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Most shares of Nabil Bank bought and sold

BusinessMost shares of Nabil Bank bought and sold

The stock traded at 12 noon on Monday, the second trading day of the year. Of the 221 companies traded, Nabil Bank had the highest number of shares traded.

Shares worth about Rs 54.3 million were bought and sold during the period. As of this writing, the company’s share price has been trading at Rs 1,421 per share.

Most of the shares were bought and sold after the company offered to distribute attractive dividends. The company has proposed to distribute 33.6 percent bonus shares and 4.4 percent cash dividends for tax purposes from last year’s profits.

The company has proposed to distribute 33.6 percent bonus shares and 4.4 percent cash dividends for tax purposes from last year’s profits.

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