Nepse index increases by 6.37 points

The index of Nepal Stock Exchange (Nepse) posted 6.37 points growth over the week reaching its index to 494.59 points on Thursday from 488.22 points on the first day of the trading.

The weekly turnover, however, decreased to Rs 100.04 million with 296,848 unit shares having been traded through 2,029 transactions during over the week as compared to transaction of 494,519 unit shares worth over Rs 250 million through 1,798 transactions of the previous week.

The group wise share trading data shows that two major groups - the commercial banks and the others - recovered over the week. Among these two, the commercial banks group, which is the largest scrip by volume, made a good come back posting a growth of 11.62 points. The group’s index closed at 525.64 points from the opening of 514.02 points.

Likewise, the others group’s index gained 6.49 points and closed at 669.14 points up from 662.65 points of the previous week.

On the other hand, three leading groups suffered losses. The finance group’s index dropped by 9.82 points and settled at 418.56 points. The insurance group lost 6.23 points, as its index dropped to 601.03 points. The development banks group continued with yet another major blow, as its index plummetted by 19.18 points.

However the indices of the hotel group, the manufacturing group and the trading group remained static at 235 points, 329.42 points and 146.05 points respectively. nepalnews.com pb Apr 15 07

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