KATHMANDU: Nepal Stock Exchange (Nepse) escalated by 6.22 points to close at 1,040.36 points last week.
The secondary market that opened at 1,034.14 points plunged successively for two trading days before gaining 4.1 points and 6.34 points on Wednesday and Thursday respectively.
Of nine trading groups, four witnessed gain in their Indices last week. Insurance group’s index rose 215.87 points—the biggest of all. It was followed by hydropower companies, development banks and finance companies.
Similarly, four other trading groups—hotels, manufacturing, commercial banks and ‘others’ were the losers last week. Hotels with downfall in its index by 22.54 points was the top loser. The index of ‘trading’ was stable at 212.92 points throughout the weekdays.
Despite the rise in Nepse index, the transaction amount plunged 18.25 percent to Rs2.47 billion. Similarly, the number of traded shares also fell to 4,843,760 units from 7,194,720 units.
Regarding the individual companies, Nepal Investment Bank (promoters’ share) led both in terms of transaction amount the number of traded shares. It witnessed the transaction worth Rs338.34 million out of the trading of 571,000 shares. Everest Bank, Himalayan Bank, Nepal Life Insurance and Nabil Bank were also among the companies in the biggest turn over amount.
