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Jilted teen commits suicide
Govt collects revenue of Rs 97.33 billion in five months
President should understand his responsibility: Sushil
Bastola flown to New Delhi's super-specialty hospital
APF squad deployed in Chitwan to fend off rouge elephant
Apex court stays Jha's appointment as NTA chief
Two die of asphyxiation in Lalitpur
'Tainted Pak oil regulator may have fled to Nepal'
Prez Yadav urges Khanal to facilitate inter-party talks
NC cadre found dead in Rukum

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NEPSE index remains stable after continuous freefall
Sunday, 17 June 2012 11:58 Read this : 453 times
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The Nepal Stock Exchange (NEPSE) witnessed slight increase of one point over last week to settle at 364.67 on Thursday, the last trading day.

Last week (Sunday), the secondary market plunged by 6.24 points to settle at 363.35 points from the earlier 369.78 points on Thursday the previous week.

However, the market witnessed positive growth by 3 points and 1.61 points on Monday and Tuesday to close at 366.32 points and 367.92 points, respectively while the market witnessed downward trend in the last two trading days - Wednesday 1.72 points to 366.21 points and Thursday 1.53 points to 364.67 points.

Last week the index was stable after continuous freefall after the dissolution of Constituent Assembly (CA) which has dispirited the investors.

As per the sub-indices of NEPSE, commercial bank, others, and hydropower companies posted positive gain of 1.86 points, 4.70 points and 8.68 points, respectively while hotel posted negative growth by 9.49 points, insurance 1.37 points, finance 3.13 points, and development banks 3.46 points.

However, manufacturing and trading group remained unchanged over last week.

Though the market witnessed slight growth, the transaction amount has declined by some 43 percent compared to the previous week. The amount has declined to Rs. 169.50 million from the previous week’s Rs. 301.35 million. nepalnews.com

 

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