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Nepse At 540

  2 min 3 sec to read

 
--By Rashesh Vaidya
 
Nepse index declined by 3 points during previous week. It had closed 539.44 on Sunday, 11thAugust (the first trading day of the week) and reached 536.45 at the close of Thursday, 17th August (the last trading day of the week). The market floor was open for five days.
 
In the week, the hotel sub-index decreased the highest by 21.21 points closing at 646.23 points. There was decline in the share prices of Soaltee Hotel Ltd by Rs7 per share during the week closing at Rs 270. There was no change in trading sub-index. 
 
There was a heavy increment45.43 points in the insurance sub-index closing at 1177.83. The reason behind the bullish trend in this sub-index is the of capital increment plan being implemented for both the life and non-life insurance companies. 
 
Shares of 137 companies were traded at Nepse during the week through 9,045 transactions amounting to Rs 725,263,390. 
The share price of 53 companies increased, while 49 companies declined and the share price of 32 companies remained unchanged.
 
The transaction amount of the week is 7.27 percent higher than that of earlier week. The total number of scrips traded was 2,625,010 which is 46,920 higher than that of earlier week.
 
Global IME Bank topped the list in terms of transaction amount (Rs 82,927,000) as well as in number of scrips traded (647,870)  during the week. 
 
Commerz and Trust Bank Nepal was at the top on the basis of the number of transactions (993). 
 
Similarly, a total of 49,010,676 bonus shares of seven companies were listed during a week.
 
Sectors

Nepse on Sunday
Nepse Index closed at 540.47 points on Sunday (August 18). The index increased by 4.09 points from the Thursday (August 16) close. All the sector sub-indices except development banks sub-index saw increment during the day. Development Bank sub-index dropped by 0.62 points closing at 273.62 points. Total of 591,977 shares was traded from 1910 transactions during a day. The stock ‘SHINE’ has been resumed on Sunday after  successfully merger between Shine Development Bank and Resunga Development Bank trading at Rs 292 per share.

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