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Nepse Index Rises 3.61 Points

  2 min 17 sec to read

 

--By Sagar Ghimire

Nepal Stock Exchange (Nepse) index rose by 3.61 points last week closing at 545.47. It had settled at 541.86 points on the first day (September 29) of the weekly trading.

2,739,620 shares of 136 companies worth Rs 690 million were traded in 7662 transactions at the secondary market during the week.

While the amount and units of share are 37.87 and 48.45 per cent higher in comparison to the previous week, the securities market observed decline in terms of scrips trade by 3.87 per cent.

Except for the third day of the trading week, there were increments in the Nepse indices all the days of the trading week. Nepse index increased by 0.16 points on the first day (September 29) and by 0.14 second day (September 30) closing at 541.86 and 542 points, respectively. However, it fell by 0.12 points on the third day (October 1) closing at 541.88 points. Likewise, the index surged by 1.3 points the third day (October 2) also closing at 543.18 points and by 2.29 points on the last day (October 3) closing at 545.47.  

The sub-indices showed a mixed reaction. While the Insurance, Others, Bank, Hydropower and Development Bank sectors recorded gains, the Manufacturing, Hotel and Finance sectors posted losses during the week. The Other sector was the highest gainer increasing by 11.75 points. The Manufacturing sector was the highest loser shedding 28.65 points. Likewise, the sub-indices of the Insurance sector and Development Banks sector increased by 2.1 and 0.6 points, respectively. The Hotel and Finance sectors dropped by 16.32 and 0.4 points, respectively. There were no changes in the Trading sector. The Himalayan Bank remained at the top in the secondary market in terms of transaction amount, while its promoter share also observed the highest units of share trade during the week. Nepal Telecom’s share was at the top in terms of market capitalization.

The share price of 51 companies increased, while that of 49 companies declined during the week. Likewise, the share price of 36 companies remained stable.
(With the input from Jamb Technologies Pvt Ltd.)

Sectors


Nepse on Sunday
Nepse index gained 6.19 points closing at 551.66, the first trading day of the week after the beginning of the Dashain festival. A total of 472,869 units of shares of 84 companies worth Rs 109.70 million were traded through 1,391 transactions on the day.

Banking, Development Banks, Hydropower, Finance, Manufacturing and Processing and Others sectors’ sub-indices increased, while Hotels and Insurance observed decline.

Others sector was the major gainer of the day. Its sub-index increased 12.92 points closing at 692. Hotels sub-index observed the highest decline of 41.78 points with closing at 699.64.
 

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