The benchmark of the Nepal Stock Exchange index closed with a marginal growth on the last trading day of the week on Thursday.
The NEPSE index increased by 6.37 points to close at 2,787.1 points on Thursday due to an increase in the share prices of the banks and financial institutions.
The sensitive index which measures the performance of group ‘A’ companies also increased by 2.83 points (0.57 per cent) to close at 498.97 points.
The sub-indices of the development bank, commercial bank, finance, others, and mutual fund went up while the sub-indices of trading, hotel and tourism, hydropower, non-life insurance, manufacturing and production, microfinance, life insurance and investment group fell today.Sub-index of development bank posted the highest growth of 113.44 points followed by finance and commercial bank group whose indices increased by 89.26 points and 17.34 points respectively.
However, the sub-indices of life insurance decreased by 78.85 points, manufacturing and production by 56.82 points, hydropower by 42.25 points and non-life insurance by 23.47 points in today’s transaction.
The NEPSE posted only a marginal gain, as the transaction amounts decreased on Thursday compared to Wednesday’s transaction.
A total of 20,133,602 shares worth Rs. 9.3 billion of 214 companies were sold in 106,399 transactions on Thursday. Earlier on Wednesday, the stock market index NEPSE saw a correction of 13.09 points after witnessing growth for seven consecutive days.
A total of 25,121,554 shares worth Rs. 11.95 billion of 214 companies were sold in 132,369 transactions on Wednesday. Likewise, on Tuesday, a total of 23,131,615 shares worth Rs. 11.35 billion of 215 companies were sold in 115,961 transactions.
The NEPSE index Wednesday declined by 13.09 points to close at 2,780.81 points. The NEPSE had increased by 175.46 points in the last seven days.
The market saw fluctuations of 53 points on Wednesday. Initially, NEPSE had increased by 28 points to 2,822 points, but it dropped to 2,769 points on the same day. Even NEPSE index declined, the transaction amount had set a new record on Wednesday.
The sensitive index which measures the performance of group ‘A’ companies declined by 1.08 points (0.22 per cent) to close at 496.14 points on Wednesday.
The sub-indices of commercial banks, trading, hotel and tourism, finance and mutual fund saw an increase while the sub-indices of development bank, hydropower, non-life insurance, manufacturing and production, others, microfinance, life insurance and investment group also declined.
On Wednesday, the sub-index of the non-life insurance group had posted the highest fall of 157.94 points followed by the manufacturing and production and hydropower group whose indices decreased by 66.39 points and 60.63 points respectively.
Similarly, development banks, others, life insurance, and microfinance groups’ sub-indices had decreased by 60.63 points, 27.62 points, 28.92 points, and 8.6 points respectively.
However, the sub-indices of commercial banks increased by 7.34 points, trading by 35.72 points, hotel and tourism by 14.12 points, and finance by 1.85 points on Wednesday. The share prices of 117 companies decreased while the share prices of 59 companies went up
Source : THE RISING NEPAL,
