Kathmandu, July 6: A total of 16 million 99 thousand 963 units of share of 177 companies were traded this week in the domestic share market. Nepal Stock Exchange Ltd (Nepse) stated that the share transaction was worth Rs 2 billion 669 million 979 thousand 172.
Nepse index, which had dropped 1.14 points on Thursday last week (June 27), saw a decline of double digits on the first day of this week. The Nepse index dipped by 12.27 points to rest at 1,244.89 points. The sensitive index that measures the share transactions of big companies decreased by 1.92 points to close at 269.24 points that day. Although the Nepse index dropped, the transaction amount saw general improvement.
Two million 361 thousand 500 units of share of a total 172 companies were traded and the transaction volume was worth Rs 645 million 99 thousand 37. On Monday, Nepse index saw a minor decrease. It dropped to 1,242.03 points. A total of one million 221 thousand 400 units of shares of 169 companies were traded on that day and the total trading value was Rs 374 million 725 thousand 75. However, the Nepse index which saw continuous drop on the first two days of trading, saw a double-digit increase on Tuesday. It increased 11.02 points and reached 1,253.06. The sensitive index also rose by 1.43 points to reach 269.96.
Although the Nepse index saw an increase, the transaction amount did not increase as expected. One million 466 thousand 897 units of shares of a total 170 companies were traded and the transaction value was Rs 429 million 477 thousand 288. The Nepse saw a double-digit increase on Wednesday as well. The index rose by 15.62 points and reached 1,268.68 points.
The sensitive index also increased by 3.02 points and closed at 272.98 points. However, the index slid by 8.27 points on Thursday, the last day of trading for the week, to rest at 1,260.47. Although the index slumped, the transaction amount increased. A total of 8 million 985 thousand 353 units of shares of 177 companies were traded on Thursday.
The transaction value was Rs 670 million 169 thousand 929. Shares of two companies listed The shares of two companies were listed this week. One hundred twenty thousand units of share of Mahuli Community Microfinance and 518 thousand 670 units of shares of Nerude Microfinance Company were listed. Commercial banks had their influence on the domestic share market this week also.
On the basis of market capitalization, Nepal Telecommunications Company made its topmost position on Nepse chart and it was followed by Nabil Bank, Nepal Investment Bank, Everest Bank, Standard Chartered Bank, Nepal Life Insurance, Himalayan Bank, NIC Asia, Nepal SBI Bank and Agricultural Development Companies.
