Kathmandu, December 2:

The roller-coaster ride in the stock market continued this week as the Nepal Stock Exchange (Nepse) index hovered between 463.74 points to 492.46 points.

Nepse index closed at 486.19 points on Thursday on improved investors’ sentiment, as the sole secondary market clearly saw fresh momentum after the comprehensive peace agreement. The market saw the boom and settled down at 486.19 by the end of the week.

During the week, a total of 47 companies saw their 5,61,486 shares’ amounting Rs 325.3 million being traded at the Nepse floor. Previous week only 3,47,219 shares worth Rs 181.30 million were being traded at the floor.

Due to the ‘unnatural rise’ in the Nepse index, which was at 463.74 points on the opening day of the trading, the officials at the Nepse were compelled to release a press statement on Thursday awaring the investors not to be ‘misguided’ by the unusual market events and be cautious while investing in the share market.

The Nepse index continued to go up from 463.74 points on Sunday and posted 469.51 points on Monday, 478.01 points on Tuesday and 492.46 points on Wednesday but settled down to 486.19 points on Thursday, the last day of the trading.

In group-wise transactions, commercial banks group registered an impressive increase by a whopping 31 points, from 531 points to 562 points.

The hotel group posted a growth of 2.01 points, insurance group 2.69 points and development banks group 36.79 points. Almost all the groups, except two groups, posted a growth in their respective indices this week.

According to the Nepse, commercial banks group alone captured 77.86 per cent of the total share transactions while other group had 13.61 per cent and finance group 7.17 per cent during the week.

Chilime Hydropower Company Ltd, with its 63220 shares, topped the chart in terms of number of share transactions, while in terms of monetary value, Nepal SBI Bank Ltd topped the race with transactions worth Rs 4,91,24,591.

The shares of Nabil Bank Ltd, Nepal Investment bank Ltd, Himalayan Bank Ltd, Nepal SBI Bank Ltd, Nepal Bangladesh Bank Ltd, Everest Bank Ltd, Bank of Kathmandu Ltd, NIC Bank Ltd, Machhapuchhre Bank Ltd, Kumari Bank Ltd, Lumbini Bank Ltd, Siddhartha Bank Ltd, NCC Bank Ltd, Chilime Hydropower Company Ltd, Credit Development Bank Ltd were transacted throughout the week.

The floor opened for the five days in the regular lot.