Weekly wrap up (Review period : Nov 23 to Nov 25, 2014)

ShareSansar, Nov 28:

The benchmark index of Nepal Stock Exchange Limited (NEPSE) closed at 863.01 level this week, gaining 0.51 points or 0.06 percent, compared to the last week closing of 862.5 level.

Market was open only for first three days of this week, as NEPSE remained closed for the remaining two trading days (26th and 27th Nov) due to the 18th SAARC summit held in the valley.

The market index, which had witnessed surge of 6.65 points on Sunday, dropped by 4.84 and 1.3 points respectively on the remaining two trading days of this week.

Less participation was recorded in the market, as the investors in the country might have preferred to hold on till the SAARC summit.

Although market had an average performance this week, the benchmark is believed to soar upward in the near future, as Nepal Rastra Bank has finalized the new provision of loans against dematerialised shares this week, which will raise the participation of the investors in the market.

The total of 1.44 million units shares were traded through 5,823 transactions worth Rs 634.27 million this week.


Among the sub-indices, Banking gained 1.03 points or 0.14 percent while Development added 2.68 points of 0.41 percent.
Similarly, Hotels, HydroP{ower and Trading also landed on green with gain of 7.70, 33.28 and 0.45 points respectively.
Finance and Insurance plunged by 5.52 and 33.81 points respectively.
Manufacturing and Others maintained no-gain-no-loss situation.


Companies like Laxmi Laghubitta, Everest Insurance, Rastriya Beema Sanstha, Premier Insurance and Chilime Hydro were among the top gainers of this week.
Where as Nerude Laghubita, Nagbeli Microfinance, National Life Insurance, Namaste Bittiya Sanstha and Kabeli Bikas Bank were some of the top losers of this week.