KATHMANDU: Except for the shareholders of trading sub-group, all other lost this week. After a long time Bishal Bazaar Company saw its 324-unit of shares being traded on Thursday to push the trading sub-group’s index up by 8.57 points to 290.35 points. Bishal Bazaar’s shares were traded between Rs 3,213 (maximum) and Rs 3,150 (minimum) — making a total of Rs 1,029,060 transaction — from earlier closing of Rs 3,100 per unit.
Of the total nine sub-groups, two sub-groups — manufacturing and others — did not see any changes in their indices as manufacturing sub-group did not see its shares being traded throughout the week whereas others group had a rollercoaster ride before closing at 646.19 points equal to the last week’s closing. The shareholders of commercial banks, development banks, finance companies, hydropower, insurance companies and hotels have to wait for a couple of weeks to get better prices for their scrips as investors’ have not gained confidence.
Though the Nespe dropped by only a minimal 0.68 point — to close at 683.71 points from last week’s closing of 684.39 points — the transaction amount dropped by a whopping 75.79 per cent to Rs 230.97 million against last week’s increase of 176 per cent to Rs 953.93 million. The sensitive index also lost 0.32 point to 183.64 points from 183.96 points. Similarly, the float index also shed 0.23 point to close at 66.03 points from last week’s closing of 66.25 points. Similarly, the contribution of Group-A companies also plunged to 14.38 per cent.
The top performers of this week are NCC Bank (with Rs 30.70 million), Bank of Kathmandu (with Rs 14.62 million), Standard Chartered Bank Nepal (with Rs 13.48 million), Citizens Bank International (with Rs 12.82 million) and Nepal SBI Bank (with Rs 10.71 million). National Hydropower topped the chart in terms of share units traded as its 1,11,000-unit of shares changed hands, whereas Nepal Express Finance topped the chart in terms of number of transactions with 563 transactions.