Nepal Stock Exchange posts over 2 per cent gain
KATHMANDU: This week the benchmark capital market index Nepal Stock Exchange, (NEPSE) increased by 2.07 per cent.
The NEPSE index which opened at 1291.96 points on Sunday increased by 26.21 points over the week to close at 1318.71 points on Thursday, the last day of transaction of the week.
The index increased continuously in first four transaction days and made some correction in the last day of transaction of the week.
The sensitive index, which measures the performance of group ‘A’ companies also increased by 1.78 per cent (4.92 points) to close at 281.44 points.
This week the volume of transaction in the stock exchange increased by 42.71 per cent as compared to last week.
The stock exchange traded 15,263,750 unit shares worth Rs. 4.95 billion of 189 companies in 50,928 transactions over the week. It had traded 12,401,840 unit shares worth Rs. 3.47 billion of 192 companies in 38,525 transactions.
This week the average daily transaction stood Rs. 989.87 million which was Rs. 693.63 million last week.
This week, the total market capitalisation in the stock exchange increased by 2.07 per cent as compared to last week and reached Rs. 1636.79 billion.
Sub-indices of all trading groups except hotels and life insurance recorded increasing trend this week.
Shivam Cement, Nepal Bank, NCC Bank, Agriculture Development Bank and Prime Commercial Bank became top companies on the basis of volume of transaction this week.
This week, the stock exchange registered ordinary shares of Nepal Agro Laghubitta Sanstha and Gadapati Microfinance Bittiya Sanstha.
Similarly, bonus shares of Prabhu Bank, Agriculture Development Bank and Global IME Bank, and right shares of Progressive Finance were registered in the stock exchange this week.
Published Date: Saturday, May 18th, 2019 | 07:24 PM