KATHMANDU, JUNE 24

The Nepal Stock Exchange (Nepse) index edged up by 13.46 points or 0.66 per cent in the trading week between June 18 and 22 to settle at 2,055.53 points.

The sensitive index, which measures performance of class 'A' stocks, increased 0.63 per cent to 385.81 points in the review period. Meanwhile, the float index that gauges performances of shares actually traded went up by 0.04 per cent or 0.06 points to settle at 142.08 in the review week.

Altogether 52.52 million shares were traded during the review week through 320,134 transactions that amounted to over Rs 20.66 billion.

The weekly turnover rose by over 10.79 per cent compared to the previous week when 48.24 million shares had changed hands through 314,428 transactions that totalled Rs 18.65 billion.

Meanwhile, the average daily turnover in the past week was over 3.72 billion and it increased to Rs 4.13 billion this week.

The benchmark index had opened at 2,042.07 points on Sunday and it rose by 52.26 points by the time of closing to 2,094.33 points. The market went into correction for the next three days - shedding 2.94 points to 2,091.39 points on Monday, losing 26.56 points to 2,064.83 points on Tuesday and dropping further by 14.05 points to 2,050 points on Wednesday. On Thursday, Nepse added 4.75 points to settle at 2,055.53 points for the week.

While the mutual funds, microfinance, banking and hydropower sub-indices recorded losses, the remaining subgroups landed in the green this week.

Hotels and tourism led the pack of gainers, advancing by 17.82 per cent to 5,636.71 points, followed by others, up by 5.98 per cent to 1,524.41 points; life insurance by 5.13 per cent to 11,439 points; investment by 3.27 per cent to 73.91 points; trading increased by 2.73 per cent to 2,608.35 points; non-life insurance rose by 2.48 per cent to 10,960 points; manufacturing and processing, up by 1.69 per cent to 90.98 points; and finance by 1.55 per cent to 1,713.10 points.

Meanwhile, mutual funds slipped by 0.14 per cent to 14.06 point; microfinance dropped by 1.97 per cent to 3,728.51 points; banking fell by 2.38 per cent to 1,207.11 points and hydropower lost 2.55 per cent to 2,506.05 points.

A version of this article appears in the print on June 25, 2023, of The Himalayan Times.