Weekly Wrap-Up (Review Period April 19 to April 23, 2015)

ShareSansar, April 24:

Nawin Sah

The benchmark index of Nepal Stock Exchange stepped down by double digit of 11.73 points or 1.23 percent to close below 940 at 938.19 level compares to last week closing of 949.92 level.

Similarly NEPSE Sensitive and Float also plunged by 1.58 and 0.45 points to close at 201.43 and 66.44 levels respectively.

This week was not favorable for NEPSE as the local bourse went down by 4.22 points and 0.72 point on Sunday and Monday to settle at 945.7 and 944.98 levels respectively.

However the benchmark index gained meager 0.14 point on Tuesday to close at 945.12 level, there after plunged by 3.1 and 3.83 points on remaining two trading days to close at 942.02 and 938.19 levels respectively.

Among the sub-indices, Banking slipped by 8.69 points or 1.04 percent to close at 827.9 level than last week.

Similarly Development (789.07) and Finance (529.6) went down by 4.55 and 2.58 points than last week respectively.

Hotels (1943.62) and HydroPower (2172.35) plunged by 22.68 and 9.42 points respectively compared to last week..

Insurance (3780.25) and Manufacturing (1493.11) gravitated by 148.06 and 9.77 points respectively than last week.

Others and Trading plunged by 4.7 and 0.49 points to close at 717.83 and 206.74 level respectively.

Altogether 2,625,588 unit shares were traded through 6696 transactions worth Rs 908.45 million than last week.

The average turnover of this week was of Rs 181.69 million