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Nepse Observes Meager Gain

  2 min 28 sec to read

 
--By Sagar Ghimire
 
Nepal Stock Exchange (Nepse) index that declined 0.17 points closing at 579.24 on the first day of the week after the Tihar Holiday surged 0.21 points on the last day closing at 579.45. Nepse had closed at 579.41 last week. 
 
On the first day (Wednesday), 377,000 units of shares of 81 companies were traded through 1,587 transactions worth Rs 800.8 million rupees. Share price of Nepal Bank increased the highest by 9.66 per cent, while the share price of National Hydropower Company decreased the highest by 5.36 per cent. On the same day, the Nepal Bank topped the stock market in terms of highest transaction worth Rs 108 million rupees.  The share price of Unilever Nepal decreased Rs 150 on per unit share. Citizen Investment Trust share price increased by Rs 36. The rise in the share price of the Chimmek Bikash Bank, Diprox Bikash Bank and Nilgiri Bikash Bank pushed the index of Development Bank sector up. However, the index of Banking sector witnessed a decline on the day. After the increase in the share price of Nepal Telecom, the Other sector also posted a gain.
 
The closing day (Thursday) observed the rise in the transaction volume as well as the number of scrips traded in compared to the previous day. 447,000 units of shares of 91 companies were traded this week through 2,147 transactions worth Rs 137.3 million rupees. The share price of Commerz and Trust Bank Nepal Ltd and Nilgiri Development Bank went up by 9.50 and 9.40 per cent respectively. Share price of Sewa Development Bank decreased the highest by 7.27 per cent. After the share prices of Solti and Oriental Hotel went up, the  Hotel sector index also increased  by 1.56 per cent. The rise in the share prices of Nepal Life Insurance, Siddartha, Neco and NLG pushed the Insurance sector up by 1.4 per cent. Likewise, sub-indices of hydropower, finance and Manufacturing and Processing sectors inclined on the closing day, while Commercial Bank and Others observed a loss. 
 

Nepse on Sunday

Nepse index inclined 1 point on the first day of this week closing at 580.  A total of 1,139,663 units of shares worth Rs 230 million were traded through 2355 transactions in the secondary market.
 
Insurance sector was the highest gainer of the day, while the index of Hydropower group plunged the highest. The sub-index of the Insurance rose 22.58 points settling at 1434.9. The sub-index of Hydropower declined 3.57 points closing at 1343.47.  Other sectors whose sub-indices increased are Banking (0.8), Hotels (1.63) and Finance (0.52) closing at 555.06, 900.06 and 281.7 points respectively. Development Bank sector index moved into the red territory of the Nepse losing 0.9 points with closing at 307.56.
 
Nepse Index

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