Nepse shows some resilience‚ hangs around 365-point
KATHMANDU, April 10:
After a continuous slump for five weeks, Nepse index recorded a gain of 0.25 point in this week’s trading.
This week (April 3 to 7), the secondary market was uneventful throughout the week as it hanged around 365 points all four trading days.
Last week, Nepse witnessed the index plunging to the lowest point in the last fifty-seven months induced by panic selling by investors.
On Monday morning, the secondary market that had opened at 365.25 points went down to 364.98 points by the closing time. On Tuesday, the index further plunged to 364.40 points. Next day, Nepse was kind of stationary as the index dropped by a nominal 0.02 point to 364.38 points. By the end of the week, the secondary market index improved a little to 365.50 points.
This week, Nepse trading floor observed 419,633-unit shares of 113 companies worth Rs 93.4 million being traded through 7,920 transactions. This is a 46.07 per cent decline in the transaction volume in comparison with that of the last week.
The sensitive index that measures the performance of Class-A companies increased by a nominal 0.13 point reaching 90.73 points by the end of the week. Among the total transactions, the trading of blue-chip stocks of Class-A companies consisted of 39.09 per cent amounting to Rs 29 million.
The float index that indicates the performance of the actual shares traded throughout the week also declined by 0.07 point to 30.51 points.
This week, manufacturing, insurance and development banks subgroup ended up loosing points while the remaining subgroups ended up in green zone.
Nepal Telecom gained on its share prices which pushed the others subgroup by 5.87 points. Despite small losses of Chilime Hydropower and Arun Valley Hydropower, hydropower subgroup gained 2.6 points thanks to Butwal Power Company’s gains.
Finance companies did not perform well throughout the week, with banking subgroup recording a meagre 0.09 point gain.
Loss of Rs 213 on a unit share of Unilever Nepal pulled the manufacturing subgroup down by 11.06 points. The development banks and insurance companies lost 5 points and 3.69 points, respectively.
This week, DCBL Bank Ltd topped the charts in terms of transaction amount and number of shares traded with the trading of 102,800-unit shares worth Rs 23.1 million. Valley Finance topped in terms of number of transactions with 1,367 transactions.
The top five performers of the week include DCBL Bank (Rs 23.14 million), Bank of Kathmandu (Rs 5.08 million), Kumari Bank (Rs 3.56 million), Chilime Hydropower Company (Rs 3.47 million) and Everest Bank Ltd (Rs 3.33 million).
Source: THT
After a continuous slump for five weeks, Nepse index recorded a gain of 0.25 point in this week’s trading.
This week (April 3 to 7), the secondary market was uneventful throughout the week as it hanged around 365 points all four trading days.
Last week, Nepse witnessed the index plunging to the lowest point in the last fifty-seven months induced by panic selling by investors.
On Monday morning, the secondary market that had opened at 365.25 points went down to 364.98 points by the closing time. On Tuesday, the index further plunged to 364.40 points. Next day, Nepse was kind of stationary as the index dropped by a nominal 0.02 point to 364.38 points. By the end of the week, the secondary market index improved a little to 365.50 points.
This week, Nepse trading floor observed 419,633-unit shares of 113 companies worth Rs 93.4 million being traded through 7,920 transactions. This is a 46.07 per cent decline in the transaction volume in comparison with that of the last week.
The sensitive index that measures the performance of Class-A companies increased by a nominal 0.13 point reaching 90.73 points by the end of the week. Among the total transactions, the trading of blue-chip stocks of Class-A companies consisted of 39.09 per cent amounting to Rs 29 million.
The float index that indicates the performance of the actual shares traded throughout the week also declined by 0.07 point to 30.51 points.
This week, manufacturing, insurance and development banks subgroup ended up loosing points while the remaining subgroups ended up in green zone.
Nepal Telecom gained on its share prices which pushed the others subgroup by 5.87 points. Despite small losses of Chilime Hydropower and Arun Valley Hydropower, hydropower subgroup gained 2.6 points thanks to Butwal Power Company’s gains.
Finance companies did not perform well throughout the week, with banking subgroup recording a meagre 0.09 point gain.
Loss of Rs 213 on a unit share of Unilever Nepal pulled the manufacturing subgroup down by 11.06 points. The development banks and insurance companies lost 5 points and 3.69 points, respectively.
This week, DCBL Bank Ltd topped the charts in terms of transaction amount and number of shares traded with the trading of 102,800-unit shares worth Rs 23.1 million. Valley Finance topped in terms of number of transactions with 1,367 transactions.
The top five performers of the week include DCBL Bank (Rs 23.14 million), Bank of Kathmandu (Rs 5.08 million), Kumari Bank (Rs 3.56 million), Chilime Hydropower Company (Rs 3.47 million) and Everest Bank Ltd (Rs 3.33 million).
Source: THT
