Kathmandu, October 14: Nepal Stock Exchange last week slid marginally by 0.39 points to close at 1,149.01 points with investors showing less concern for the trading amidst Dashain holidays.
In only one day of trading during the review period i.e Thursday, 232,619 units of shares transaction worth Rs 63.84 million were traded in the secondary market.
The sensitive index that measures the trading of shares of blue chips companies also slid by 0.04 points to close at 251.93 points.
Out of 11 trading groups, the sub- indices of five-Life Insurance, Manufacturing, Micro-finance, Hotels and Others- went down during the review period. Life insurance witnessed the greatest loss of 45.13 points. Non-life Insurance, Commercial Banks, Development Banks, Finance Companies and Hydropower were ranked as five gainers. Of them, Non Life Insurance saw the largest gain of 7.42 points. With no transaction of a single unit of share, the sub-index of Trading group remained stable at 292.51 points.
With a downfall in the transaction, the market capitalisation also declined to Rs 1,459.68 billion from Rs 1,460.18 billion. This made the investors lose Rs 500 million in the book value of their investment portfolio.
Last week, Prabhu Bank witnessed the largest transaction amount of Rs 25.50 million. Siddhartha Bank, Mahalaxmi Bikas Bank, Nepal Investment Bank and Sunrise Bank were among the top five companies in the segment.
Likewise, the promoters’ shares of Rastriya Beema Company fell the largest of Rs 99 per unit to close at Rs 7,490 per unit. Bottlers Nepal (Balaju) Limited added up Rs 70 per unit in its shares’ price to close at Rs 1,830 per unit.
