Nepse index drops by 35.69 points

The Nepal Stock Exchange (Nepse) index this week has dropped by 35.69 points and closed at 941.12 points.

The Nepse floor had opened at 976.81 point. It dropped to 952.64 points on Monday and dropped further to 951.28 points on Tuesday. Dropping down to 945.07 points on Wednesday, it registered a fall of 35.69 points and closed at 941.12 points on Thursday.

Acccording to the Nepse data, 675,978 shares worth Rs 599.1 million changed hands through 4,786 transactions. Last week, 454,207 shares amounting Rs 497.67 million were traded through 3,703 transactions.

Transaction of companies under category ‘A’ stood at Rs 407 million and made up 67.94 percent of the total trading.

Under the group-wise trading, indices of the Others groups and the Hydropower group dropped 91.62 points and 38.56 points respectively to end at 834.13 points and 1146.33 points.

The Commercial Banks group and the Development Bank group witnessed drops of 21.87 points and 1414.95 points respectively in their indices to touch 988.94 points and 1414.95 points. Likewise, the Finance group’s index dropped by 3.4 points from 1220.29 points.

On the other hand, shares of hotels went up by 2.33 points this week to end at 363.15 points while insurance companies’ shares went up by 5.19 points to reach 816.47 points.

The Sensitive Index, which measures the index of Category ‘A’ companies closed lower by 4.75 points to end at 256.26 points this week.

In terms of monetary value, Bank of Kathmandu (with Rs 50.45 million), Laxmi Bank (with Rs 49.57 million), Sanima Bikash Bank (with Rs 48.32 million), Lumbini Bank (with Rs 38.86 million) and Standard Chartered Bank Nepal (with Rs 29.16 million) were this week's top five performers.