Share trading volume up
KATHMANDU:
Though the share market continued dismal performance, trading volume witnessed a slight surge of 4.21 per cent compared to a week ago. The market lost 5.5 points dropping to 357.67 points from Sunday morning’s 363.14 points during the week.
Insurance and others subgroup were the only gainers of the week’s trading. They gained 10.04 points and 3.35 points, respectively, while rest of the subgroups ended up in red zone. Commercial banks plunged by 9.75 points closely followed by hydropower subgroup that went down by 9.75 points. Development banks and finance companies continued their slide by going down by 0.76 points and 3.88 points, respectively. Hotels and manufacturing also lost 0.11 point and 3.88 points in the week’s trading.
All the five regular trading days witnessed a continued slide in the market.
The secondary market observed the transaction worth Rs 128.9 million thorough the trading of 825,635 unit shares of 118 companies on 5,855 transactions on five trading days of the week. The sensitive index measuring performance of Class ‘A’ companies went down by 1.4 points to 88.86 points. Among the total transactions, the trading of class ‘A’ companies consisted of 45.99 per cent amounting to Rs 58.9 million.
The float index that indicates the performance of the actual shares traded throughout the week also declined by 0.57 points to 30.17 points.
Bank of Kathmandu topped the charts in terms of transaction amount with Rs 25.6 million and Jyoti Bikas Bank topped in terms of number of transactions with 549 transactions, whereas in terms of numbers of shares traded National Hydro topped the chart by trading.
Delisting
Nepal Sri Lanka Merchant Banking will be delisted from Nepse as it’s 1.5 million unit shares has been listed as the share of Nepal Bangladesh Bank following the two financial institutions’ merger in January. The two unit shares of NSLMB will be one unit share of NBB.
Source: THT
Though the share market continued dismal performance, trading volume witnessed a slight surge of 4.21 per cent compared to a week ago. The market lost 5.5 points dropping to 357.67 points from Sunday morning’s 363.14 points during the week.
Insurance and others subgroup were the only gainers of the week’s trading. They gained 10.04 points and 3.35 points, respectively, while rest of the subgroups ended up in red zone. Commercial banks plunged by 9.75 points closely followed by hydropower subgroup that went down by 9.75 points. Development banks and finance companies continued their slide by going down by 0.76 points and 3.88 points, respectively. Hotels and manufacturing also lost 0.11 point and 3.88 points in the week’s trading.
All the five regular trading days witnessed a continued slide in the market.
The secondary market observed the transaction worth Rs 128.9 million thorough the trading of 825,635 unit shares of 118 companies on 5,855 transactions on five trading days of the week. The sensitive index measuring performance of Class ‘A’ companies went down by 1.4 points to 88.86 points. Among the total transactions, the trading of class ‘A’ companies consisted of 45.99 per cent amounting to Rs 58.9 million.
The float index that indicates the performance of the actual shares traded throughout the week also declined by 0.57 points to 30.17 points.
Bank of Kathmandu topped the charts in terms of transaction amount with Rs 25.6 million and Jyoti Bikas Bank topped in terms of number of transactions with 549 transactions, whereas in terms of numbers of shares traded National Hydro topped the chart by trading.
Delisting
Nepal Sri Lanka Merchant Banking will be delisted from Nepse as it’s 1.5 million unit shares has been listed as the share of Nepal Bangladesh Bank following the two financial institutions’ merger in January. The two unit shares of NSLMB will be one unit share of NBB.
Source: THT
