Nepse index declines by 0.85 points

The index of Nepal Stock Exchange (Nepse) declined by a marginal 0.85 point this week as share prices of leading companies either inched down or remained stagnant.

The index of Nepse declined to 491.47 points on Thursday, the last day of the trading under regular lot down from opening 492.32 points.

The share market wsa open only for three days due to public holidays.

Some 83,131 units of shares worth Rs 36.7 million were traded over the week as compared to 331,001 shares worth Rs 155.3 million of the previous week.

Looking at group-wise transactions the commercial banks group declined by 1.53 points, reaching its index to 516.05 points, down from 517.58 points. Likewise, the index of the finance group decreased by 1.61 points to 438.37 points, down from 439.98 points.

The indices of hotels, insurance, manufacturing and trading groups remained static at 235.38 points, 609.43 points, 347.07 points and 148.71 points respectively throughout the week.

Development banks group and the others group were the only gainers in the market. The index of the development banks group increased by 1.96 points reaching its index to 484.55 points up from 482.59 points.

The others group saw a rise of 2.34 points to 653.42 points, up from 651.08 points. nepalnews.com pb Mar 25 07

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