KATHMANDU, AUGUST 6
The Nepal Stock Exchange (Nepse) index fell by 26.97 points or 1.26 per cent over the trading period between June 31 and August 5.
The sensitive index, which measures performance of class 'A' stocks, also declined by 0.74 per cent or 3.03 points to 406.45 points. Similarly, the float index that gauges performances of shares actually traded also rose by 7.21 per cent to 140.22 points.
Altogether 54.19 million shares were traded during the trading week through 339,998 transactions that amounted to nearly Rs 23 billion.
The weekly turnover was more than 10 per cent higher than the preceding week when 49.68 million shares had changed hands through 325,370 transactions that totalled Rs 20.87 billion..
The benchmark index had opened at 2140.52 points on Sunday and rose by 54.58 points to close at 2,195.10 points for the day.
It inched up by 1.15 points to 2,196.25 on Monday.
Nepse index reversed course and then remained southbound for the rest of the trading week.
The market fell by 2.76 points on Tuesday, by 6.72 points on Wednesday, by 38.61 points on Thursday and by 34.61 points on Friday to settle at 2,113.55 points for the week.
The banking subgroup fell by 12.05 points or 0.87 per cent to 1,380.23 points. Similarly, hotels and tourism fell by 154.16 points or 5.20 per cent, others by 43.68 points or 2.70 per cent, finance by 133.89 points or 6.73 per cent, development banks by 261 points or 6.41 per cent, microfinance by 152.29 points or 3.09 per cent, and life insurance by 17.07 points or 0.17 per cent.
Meanwhile, manufacturing and processing gained 59.29 points or 1.10 per cent. Hydropower rose by 12.22 points or 0.48 points, trading by 97.97 points or 4.72 per cent, non-life insurance by 117.66 points or 1.42 per cent, mutual funds by 0.09 points or 0.61 per cent and investment by 0.14 points or 0.20 per cent over the trading week.
A version of this article appears in the print on August 7, 2022 of The Himalayan Times.
