KATHMANDU, JULY 22
The Nepal Stock Exchange (Nepse) index went up by 78.99 points or 3.79 per cent in the trading week between July 16 and 20.
The sensitive index, which measures the performance of class 'A' stocks, increased 4.93 per cent to 410.52 points in the review period. Meanwhile, the float index that gauges performances of shares actually traded rose by 4.16 per cent or 5.99 points to rest at 150.04 in the review week.
Altogether 40.59 million shares were traded during the review week through 252,211 transactions that amounted to over Rs 14.88 billion. The weekly turnover fell by over 8.55 per cent compared to the previous week when 45.41 million shares had changed hands through 310,890 transactions that totalled Rs 16.27 billion.
Meanwhile, average daily turnover in past week was over Rs 3.57 billion and it dropped to Rs 2.97 billion this week.
The benchmark index had opened at 2,084.93 points on Sunday and it rose by 12.16 points by the time of closing to 2,097.09 points. The market gained 47.07 points to settle at 2,144.16 points on Monday, before increasing again by 9.91 points to close at 2,154.07 points on Tuesday.
On Wednesday, the market gained 11.17 points but went on to lose 12.62 points on Thursday to settle at 2,163.92 points for the week.
Apart from hotels and tourism, the remaining subgroups landed in the green this week.
Trading led the pack of gainers, advancing by 12.16 per cent to 2,973.03 points, followed by banking, up by 7.89 per cent to 1,314.74 points; manufacturing and processing rose by 5.87 per cent to 5,942.40 points; development banks by 5.34 per cent to 4,081.01 points; non-life insurance increased by 3.70 per cent to 11,594.73 points; microfinance rose by 1.80 per cent to 4,082.59 points; investment was up 1.74 per cent to 73.86 points; finance gained 1.47 per cent to 1,956.41 points; life insurance by 1.03 per cent to 12,122.02 points; others by 0.78 per cent to 1,555 points; hydropower by 0.40 per cent to 2,394.09 points; and mutual funds by 0.13 per cent to 14.87 points.
Meanwhile, hotels and tourism dipped 0.06 per cent to 5,806.33 points.
A version of this article appears in the print on July 23, 2023, of The Himalayan Times.
