Sensex recovers

Himalayan News Service

Kathmandu, June 25:

Propelled by the good performance of commercial banks, the stock trading at Nepal Stock Exchange (Nepse) registered a growth this week. After two consecutive weeks’ fall, the Nepse index posted 3.28 points growth this week. According to the Nepse, its index opened at 277.87 points on Sunday, and closed at 281.15 on Thursday, the last day for transactions under the regular lot. The total weekly transaction value stood at Rs 32,409,827 from 1346 transactions of 98,786 share units. However, last week’s total trading value was Rs 37,076,969 through 2237 transactions of 117,204 shares. Out of the 68 listed companies only 53 companies saw their transaction during the week. The commercial banks group — the largest script by the volume at the Nepse floor — recovered from a continuous loss, as its index posted a growth of 5.87 points. The group, which had lost two points last week, opened at 292.54 points and closed up at 298.41 points. Manufacturing, insurance, finance and development bank groups also saw growth.