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Nepal’s capital market index declines by 16.65 points over week

KATHMANDU: This week, the benchmark capital market index NEPSE continued its declining trend with 1.37 per cent fall over the week.

The NEPSE index, which opened at 1213.07 points on Sunday, declined by 16.65 points over the week and closed at 1196.42 points on Thursday.

The sensitive index which measures the performance of group ‘A’ companies also declined by 2.46 points (0.93 per cent) over the week and closed at 261.25 on Thursday.

Despite the decline in the NEPSE index, the volume of transaction in the capital market posted 5.1 per cent increment this week.

The stock exchange traded 6024,980 unit shares worth Rs. 1.62 billion of 190 companies in 296,600 transactions. It had made the transaction of 610,056 unit shares worth Rs. 1.54 billion of 183 companies in 35,815 transactions last week.

This week, the daily average transaction in the stock exchange stood Rs. 324.97 million whereas it was Rs. 309.19 million in previous week.

This week, sub-indices of all trading groups except trading groups recorded declining trend.

Sub-indices of life insurance posted highest points fall of 211.17 points followed by, non-life insurance and manufacturing whose indices declined by 89.23 points and 45.13 points respectively.

Similarly, hydropower, hotels, others, banking and development bank groups’ sub-indices declined by 33.45.45 points, 21.42 points, 10.41 points, 10.03 points and 6.15 points respectively.

However, sub-indices of trading group increased by 3 points to close at 282.13 point over the week.

This week, the stock exchange listed bonus shares of Nepal Life Insurance, Century Commercial Bank, Unnati Microfinance, Nagbeli Laghubitta Company and Premier Insurance Company and right shares of Grameen Bikas Laghubitta Bittiya Sanstha.

This week, Rural Microfinance Development Centre Promoter Share, Prabhu Bank Limited Promoter Share, NIC Asia Bank, Nepal Bank and Kumari Bank limited became top companies on the basis of volume of transaction.

Published Date: Saturday, August 31st, 2019 | 08:55 PM

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