Trading in stocks of Synergy Power and Forward Community opens from today

May 16, 2017 merolagani

Trading in two new stocks has commenced on NEPSE from today. According to NEPSE trading in stocks of Synergy Power Development Limited and Forward Community Microfinance Bittiya Sanstha Limited has opened from today. Both the companies had issued their shares via IPO (Initial Public Offering) in current fiscal year 2073/74 and listed their IPO shares last week.

Stocks of Synergy Power will trade under the symbol “SPDL” whereas stocks of Forward Community will trade under the symbol “FOWAD”.

The open range for the first transaction of SPDL is set with a range from Rs 78.05 to Rs 234.16. Likewise, the open range for first transaction of FOWAD is set with the range from Rs 350 to Rs 1,051.

Synergy Power had floated 21 lakhs unit shares whereas Forward Community had floated 6 lakhs units shares.

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