Nepse sheds another 3.33 points, turnover remains low at Rs 10 crore
ShareSansar, October 9:
The benchmark index of Nepal Stock Exchange Limited (Nepse) shed another 3.33 points or 0.36 percent on the second day of trading after the Dashain holidays, to close at 921.88 level.
The Banking sub-index, which covers around 80 percent of the market capitalization, again registered a modest loss of 4.82 points to end at 816.41. The Hotels group shed 1.64 points, the Development Bank group lost 2.56 points, and the Others group lost 14.09 points.
Unlike yesterday when all the sub-indices traded yesterday ended in the red terrain, today the Hydropower, Finance and Insurance Groups closed in the green zone. It may also be noted that though Hydropower and Insurance scrips were the biggest losers yesterday, they fared the best today. Hydropower gained 36.13 points, Insurance gained 11.28 points while the Finance group posted a modest gain of just 1.35 points.
As noted yesterday, the market remained sluggish today for the obvious reasons. Millions of people who had left the capital to their respective home districts are yet to return to Kathmandu where the real trading of stock take place. Likewise, today is just the second day of trading of demat shares that too of commercial banks through CDS, which the investors, especially the general ones, are not yet fully familiar with.
The total market turnover today was similar to that of yesterday and stood at just above Rs 10 crore.
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MARKET SUMMARY |
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TOP FIVE BY SHARES TRADED |
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SECTOR WISE TURNOVER |
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SUB-INDICES |
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TOP FIVE BROKERS |
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