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Nepse Index Fluctuates Throughout The Week

  2 min 29 sec to read

 
--By Sagar Ghimire
 
The Nepal Stock Exchange index slumped 2.19 points last week to close at 549.82 on Thursday (September 12). The Nepse had closed at 552.01 on last Sunday (September 8). 
 
Nepse index had observed an increase in the early trade dropped later in the week.  
 
There was an increment in the index in the first and second days of the week by 5.52 and 0.33 points respectively. However, it declined 4.74 points closing at 547.6 on last Tuesday (September 10) just to increase with a slight margin of 0.86 point on Wednesday (September 11). On the last day (Thursday), the Nepse index increased at 1.36 points.
 
Analysts attribute this fluctuation to the tendency of the investors to sell shares of the companies from which they have already earned profit and buy shares of new companies. During the week, shares of 138 companies were traded through 11,645 transactions worth Rs 972.71 million. The market remained open for five days.  
 
The transaction amount and number of deal are 1.91 per cent and 23.88 per cent higher during the week as compared to the previous week. A total of 2,522,971 scrips were traded during the week, which is 15.88 less than the previous week.  
 
Chilime Hydropower Company topped the stock market in terms of transaction amount, while National Hydro Power Company led the market in trading highest numbers of transactions.
 
Among the sub-indices, the Insurance sector increased highest by 36.29 points closing at 1272.09. Hydropower, Development Bank and Hotel sectors also observed increment by 12.7, 4.05 and 3.21 points respectively. Bank sector’s index decreased highest by 6.07 points. The Others and Finance sectors’ indices also fell 5.87 and 0.03 point respectively. Trading and Manufacturing sector sub-indices remained unchanged. 
 
The share value of 52 companies increased, while the value of 58 declined. There were no changes in the value of the shares of 28 companies.
 

Nepse up by 0.18 point

Nepse index increased 0.18 point with closing at 550 on Sunday (September 15).Shares of 111 companies were traded in the market through 2056 transactions amounting to Rs 135.57 million on the first day of the share market for this week.
 
Banking, Hotels and Insurance sectors’ sub-indices increased, while Development Banks, Hydropower, Finance and Others sectors’ observed a decline. Insurance sector sub-index increased the most by 14.37 points with closing on 1286.46. Hydropower plunged lowest by 2.92 points with closing at 1314.77.    The share price of Purnima Bikas Bank Ltd increased the most by Rs 7 with closing price at Rs 105, while the price of Swarojgar Laghu Bitta Bikas Bank Ltd decreased the lowest by Rs 21 with closing price of Rs 322.
 

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