Nepse observes growth by 3.34 points
Share prices at Nepal Stock Exchange (Nepse), country’s sole secondary market, saw a growth by 3.34 points this week. The index increased as the share prices of the commercial bank, the largest scrip at Nepse floor moved upward.
The data of Nepse shows that its index rose to finish off at 523.11 points on Thursday, up from 519.77 points of Sunday.
The market witnessed total turnover of Rs. 161.1 million with transactions of 297,013 units of shares over the week. During the previous week, a total of 268,114 units of shares were traded for a turnover of Rs. 149.8 million.
In group-wise share trading, the commercial banks group saw a rise of 2.10 points. Its index started from 574.55 points and closed at 576.65 points.
The hotels group also grew by 4.32 points over the week. Its index began at 196.20 points and ended at 200.52 points.
Similarly, the finance group registered the highest rise in the bourse, its index increased by 22.88 points. Going up from 409.09 points, its index closed at 431.97 points in closing day.
The index of others group rose steadily by 10.51 points to 660.95 points from 650.44 points.
The development banks group posted an increment of 7.94 points. Its index that stood at 528.91 points on Sunday climbed to 536.85 points on Friday.
The insurance group became the sole loser in share market this week shedding 5.23 point. Its index decreased to 527.13 points from 532.36 points.
However, the index of trading group and manufacturing group remained unchanged.
None of trading group’s shares saw transaction. Its index froze at 148.51 points. Similarly, the index of the manufacturing group also remained static at 322.43 points.
The commercial banks group, this week captured 66.12 percent of the total turnover.
Finance group had 13.35 percent while the development banks group constituted 8.85 percent. The others group had 9.64 percent.
Bank of Kathmandu topped all in terms of turnover. Its shares worth of Rs. 18 million were traded. Lumbini Bank kept itself ahead of others by number of shares, as its 35,180 units of shares were traded. Sanima Financial Institution surpassed others by the number of transactions. The bank's shares were traded through 644 transactions.
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