KATHMANDU: The Nepal Stock Exchange (Nepse) inched up 2.02 points to close at 1,168.71 points last week. The secondary market that opened at 1,166.69 points on Monday rose successively for two days before following downward spiral in last two trading days.
Of nine trading groups, four including manufacturing, commercial banks, development banks and finance companies witnessed an increase their indices. With adding up 13.44 points in its index, manufacturing was the top gainer.
Similarly, insurance group with plunging 122.07 points was the top loser. It was followed by hotels, hydropower companies and ‘others’. The Nepse of ‘trading’ group was stable at 206.99 points throughout the weekdays.
The sensitive index that measures the performance of ‘A’ class companies also escalated 1.24 points to close at 252.25 points. The turnover amount last week dipped 13.85 percent Rs2.17 billion. During the review period, the number of traded shares increased to 5,462,840 units from 4,052,570 units.
Regarding the individual companies, Nabil Bank (promoters’ shares) led in terms of transaction amount. It posted transaction worth Rs169.27 million. Nepal Investment Bank (promoters’ shares), Everest Bank, NIC Asia Bank and National Life Insurance were also among the top five with having the biggest turnovers amount. With holding turnover of 1,411,000 shares, Siddhartha Investment Growth Scheme 1 topped in terms of the number of traded shares.
