WEEKLY SHARE UPDATE : Nepse gains 5.85 points
Kathmandu, November 10:
Nepal Stock Exchange (Nepse) index gained 5.85 points from the opening 876.60 points on Sunday and closed at 882.45 points at the closing on Thursday.
Among the sectoral indices, the Development Banks’ group flared up by 42.14 points and the Commercial Banks group surged by 10.26 points this week.
However, the indices of Hydropower group, Hotel group, Insurance group and Financial group ended in negative territory recording losses of 39.77 points, 0.77 point, 1.33 points and 2.15 points respectively.
Development Credit Bank, Standard Chartered Bank, Kist Merchant Bank and Finance, Sanima Development Bank and NIC Bank are among the major gainers in terms of monetary value for this week.
Trading group, Manufacturing group and Others group posted no changes in their indices.
However, National Hydropower Company topped the chart in terms of number of shares traded with 77,320 units of shares traded during this week and Gurkha Development Bank topped the list in terms of number of transaction with 152 transactions.
Altogether, 61 listed companies’ shares were traded at the Nepse floor, where the
government bonds and debenture were not traded this week too. The floor was open for five days this week.
To regularise and modernise the capital market, Securities Board of Nepal (SEBON) has
on Sunday brought the long-awaited three regulations — Securities Board Regulation-2064, Stock Exchange Licensing Regulation-2064 and Securities Businessperson Regulation-2064,
according to the Securities
Act 2063, (clause 116).