Nepse weekly report: Stock market up by 12.09 pts to close at 1196
Sep 18, 2015-The transaction volume in the Nepal Stock Exchange (Nepse) last week surged 47.93 percent to Rs3.31 billion. Similarly, the number of traded shares also increased to 6,620,140 units from 5,462,840 units.
With the turnover amount, the benchmark index also inched up 12.09 points to close at 1,196.02 points last week.
The secondary market that opened at 1,183.93 points on Sunday rose successively for two days before following downward spiral in last two trading days.
Of nine trading groups, six including hydropower companies, hotels, development banks, commercial banks, finance companies and ‘others’ witnessed an increase their indices. With adding up 49.03 points in its index, hydropower topped the gainers’ lists.
Similarly, two groups--manufacturing and insurance companies were the losers during the review period. With plunging 104.52 points, manufacturing was the top loser. 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 2.97 points to close at 258.5 points.
Regarding the individual companies, Nepal Investment Bank (promoters’ shares) led in terms of transaction amount. It posted transaction worth Rs183.46 million. National Life Insurance, NB Bank, NIC Asia Bank and Prime Commercial Bank were also among the top five companies with having the biggest turnovers amount.
With holding turnover of 413,000 shares, Arun Finance topped in terms of the number of traded shares.
Published: 18-09-2015 19:59