KATHMANDU, AUGUST 26
The Nepal Stock Exchange (Nepse) index fell by 19.20 points or 0.94 per cent in the trading week between August 20 and 24 to settle at 2,013.93 points.
The sensitive index, which measures the performance of class 'A' stocks, dropped 0.47 per cent to 385.56 points in the review period. Meanwhile, the float index that gauges performances of shares actually traded also lost 0.90 per cent or 1.27 points to rest at 139.53 points in the review week.
Altogether 23.54 million shares were traded during the review week through 202,419 transactions, which amounted to over Rs 7.25 billion. The weekly turnover was down by more than 30 per cent compared to the previous week when 29.58 million shares had changed hands through 314,906 transactions that had totalled Rs 10.48 billion.
Meanwhile, the average daily turnover in the past week was over Rs 2.09 billion and it fell to Rs 1.45 billion this week.
The benchmark index had opened at 2,033.13 points on Sunday and it fell by 21.91 points by the time of closing to 2,011.22 points. The market fell by 12.94 points on Monday to 1,998.28 points before increasing by 17.70 points on Tuesday. On Wednesday, the market gained 29.47 points to 2,045.45 points before losing 31.52 points on Thursday to close at 2,013.93 points for the week.
All of the subgroups landed in the red this week.
Hotels and tourism led the pack of losers after slumping by 2.07 per cent to 5,607.38 points, followed by hydropower, down 1.96 per cent to 2,093.23 points.
Manufacturing and processing fell by 1.61 per cent to 5,274.35 points; development banks by 1.28 per cent to 3,805.12 points; life insurance decreased by 1.21 per cent to 11,039.91 points; non-life insurance fell by 1.03 per cent to 10,731.35 points; others by 0.90 per cent to 1,486.22 points; finance by 0.76 per cent to 1,712.89 points; trading by 0.76 per cent to 2,873.63 points.
Microfinance shed 0.70 per cent to 3,676.02 points; investment fell by 0.64 per cent to 70.36 per cent, banking dipped by 0.35 per cent to 1,274.10 points; and mutual funds by 0.27 per cent to 18.79 points.
A version of this article appears in the print on August 27, 2023, of The Himalayan Times.
