E-Kantipur

KATHMANDU, JUN 27 - With the fall in the indices of most of the listed groups that saw trading, Nepal Stock Exchange (NEPSE) dipped for the second consecutive week by 11.54 points to settle at 463.45 points.

Last week, none of the sectors posted gain resulting in decline of the NEPSE index.  The market suffered a loss of 5.99 points that week. Although the secondary market witnessed a decline in number of companies on the trading floor, the number of shares traded and market turnover went up by 38.42 percent and 12.93 percent, respectively. Last week, the market witnessed the presence of

just 90 companies in contrast to 103 companies the previous week.

The secondary market registered a turnover of Rs. 143.61 million against Rs. 127.17 million the previous week. Also, the stock market witnessed the trading of 428,700 shares through 5,158 transactions against 309,700 shares through 4581 transaction the previous week.

Last week, commercial banks lost 14.39 points, followed by insurance companies, others and hydropower companies with a fall of 10.86 points, 10.57 points and 8.35 points, respectively.

Sectors including development banks, finance companies and hotels shed 8.03 points, 5.26 points and 1.14 points, respectively. However, the manufacturing-processing and trading groups did not saw any change in their index.

Nepal Bangladesh Bank topped the stock market in terms of total turnover as well as number of shares traded with a turnover of Rs. 25.19 million through the trading of 104,000 shares. On the other hand, Asian Life Insurance Company saw the highest number of transactions, with 1249 in the kitty.

weekly review

Top Five in turnover

Company     Turnover (in  Rs. million)

Nepal Bangladesh Bank    25.19

Lumbini Bank    13.14

Asian Life Insurance Company    12.77

Bank of Kathmandu    9.33

Standard Chartered Bank    6.85

Date           Nepse Index (in points)

20-06-2010        474.99

21-06-2010        468.61

22-06-2010        470.40

23-06-2010        467.60

24-06-2010        463.45

Sectors that went down (in points)

Commercial Banks        14.39

Insurance Companies                                    10.86

Others                                                                 10.57

Hydropower                                                          8.35

Development Banks                                             8.03

Finance Companies                                             5.26

Hotels                                                                   1.14

Posted on: 2010-06-27 09:35

Post Your Comment

Please note that all the fields marked * are mandatory.
* Full Name
* Address
* Email Address
* Comment
* Captcha	Get another CAPTCHA code
Note:	Comments containing abusive words or slander shall not be published.