Please look at the below analysis. It is known fact that commercial banking sector was one of the sectors hit hard by the recent market decline but interestingly they are rebouncing very strong. And I can see few counters who have still lagging behind but very soon they will catch up with others.
04-Jan-16 | Change | 09-Mar-16 | Change | 12-Apr-16 | Margin to reach 4th Jan level | |
ASPI | 6,867.6 | -14.6% | 5,862.4 | 8.4% | 6,353.2 | 8.1% |
COMB N | 139.0 | -15.8% | 117.1 | 14.9% | 134.5 | 3.3% |
COMB X | 123.0 | -16.9% | 102.2 | 10.6% | 113.0 | 8.8% |
HNB | 210.6 | -10.5% | 188.4 | 8.8% | 204.9 | 2.8% |
NTB | 87.0 | -13.8% | 75.0 | 4.0% | 78.0 | 11.5% |
SAMP | 250.0 | -15.2% | 212.1 | 7.2% | 227.4 | 9.9% |
SYB N | 94.5 | -15.3% | 80.0 | 15.0% | 92.0 | 2.7% |
SEYB X | 72.5 | -18.2% | 59.3 | 17.7% | 69.8 | 3.9% |
NDB | 190.0 | -20.9% | 150.2 | 20.6% | 181.1 | 4.9% |
PABC | 27.0 | -16.7% | 22.5 | 11.1% | 25.0 | 8.0% |
UBC | 20.4 | -27.5% | 14.8 | 18.2% | 17.5 | 16.6% |
DFCC | 168.1 | -19.1% | 136.0 | 4.6% | 142.3 | 18.1% |