Nepse gains 17.57 pts
Sunday, 08 November 2009 08:40
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The Nepal Stock Exchange (Nepse) index, which has long been reeling under bearish trend, gained 17.57 points on the fifth trading day and reached 584.64 points.

Commercial banks witnessed an upward spiral of 28.77 points and became the highest gaining group last week. On the other hand, the biggest loser hydropower sector's index plunged by 3.85 points.

Trading on the Nepse floor opened at 567.06 points on Sunday.

Shares of 86 companies were traded last week - from October 30 to November 5 - worth Rs 326.88 million. Around 586,100 unit shares were traded in 4,406 transactions during the period. The transaction amount was 18.29 percent more than last week. Around 4,92,300 unit shares equal to Rs 276.3 million were traded through 4,544 transactions from October 23 to 29.

Nepse's sensitive index, which measures performance of class 'A' companies, reached 146.32 points this week. The float index also gained 1.73 points.

In terms of amount, Laxmi Bank Ltd ranked top in the Nepali capital market with trading of shares equal to Rs 85.25 million. Nepal Share Market and Finance (1,06,000) and Vibor Development Bank Ltd (610) ranked top in unit shares and transactions, respectively.

The top five trading companies of this week included Laxmi Bank (Rs 85.25 million), Nepal SBI Bank (Rs 28.60 million), Standard Chartered Bank (Rs 23.27 million), Bank of Kathmandu (Rs 21.62 million) and Nepal Share Market and Finance (Rs 19.93 million). nepalnews.com


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Last Updated on Sunday, 08 November 2009 09:55