Kathmandu, May 19
The Nepal Stock Exchange (NEPSE) has continued to reel under fluctuations in the recent times. NEPSE, which fell to 373 on the second day of its transaction, has closed to 416.37 points.
The fluctuating index made an increment of about 25.75 points over the week. This week the sub-indices of all most all the groups made growth except hotel and trade.
This week, the sub-indices of commercial banks, manufacturing, ‘others’, hydropower, insurance, finance and development bank increased by 29.88 points, 6.54 points, 39.94 points, 63.89 points, 21.96 points, 1.73 points and 5.01 points respectively to push the whole index up.
However, the sub-indices of hotel and trade have shown no changes over the week.
The sensitive index, which measures the group ‘A’ companies, hiked by 6.90 points to close at 105.53 points. The share market’s turnover dropped by 42.74 per cent this week as compared to last week. The market made its transactions for five days. It made a total turnover of Rs. 369,191,000 this week as compared to Rs. 644,720,000 last week, according to a NEPSE report.
This week, the NEPSE traded 934,495 shares of 104 companies in 5479 transactions. It had traded 2,520,740 shares of 114 companies in 6256 transactions last week.
Of the total turnovers, Group ‘A’ companies contributed Rs. 287,900,000. That accounted for 77.99 per cent of the total turnover this week.
This week, Bank of Kathmandu has stood first in terms of turnover, shares and number of transaction. As much as 149,545 shares of the bank were traded amounting to Rs. 96,900,000 and in transaction (717).
Based on transaction amounts, the top five companies include Bank of Kathmandu (Rs. 96.99 million), Everest Bank Limited (Rs. 28.47 million), Chilime Hydropower (Rs. 24.98 million), Standard Chartered Bank Nepal (Rs. 20.52 million) and Nabil Bank Limited (Rs. 19.60 million).
This week, four companies have listed their shares in the secondary market.
Bagmati Development Bank has listed 500,000 general shares in the secondary market this week. Similarly, Nepal Awash Finance, Nepal Finance and Lumbini Bank have listed 84,973 bonus shares, 236,925 bonus shares and 1,300,000 bonus shares, respectively.