The secondary market reacted sharply this week and lost 19.54 points to 972.47 points from last week’s closing of 991.91 points.
Nepse, in its four-day session this week, wound up in negative territory for the first three days. The market opened in the red on Sunday as it plunged by 6.67 points to 985.24 points. On Monday, it continued its downslide and closed at 973.30 points — a loss by 11.94 points.
Similarly, on Tuesday, it further plunged by 10.52 points to 962.78 points. However, on Wednesday, the last day of trading in the domestic market for this week as Thursday was a public holiday, it bounced back by 9.69 points to close the weekly trading at 972.47 points.
Though the contribution of A-category companies increased this week to 68.41 per cent, the sensitive index — a barometer of A-category companies — dipped by 8.43 points to 253.75 points from last week’s closing of 262.18 points.
Except development bank and insurance groups, all other groups wound up in negative territory this week. The development group gained 23.56 points to close at 1347.22 points while insurance group gained 5.37 points to 828.58 points from last week’s closing of 823.21 points.
Nepal Credit and Commerce Bank (Rs 51.68 million), Bank of Kathmandu (Rs 32.77 million), Kist Merchant Bank and Finance (Rs 32.70 million), Nepal Investment Bank (Rs 27.58 million) and Standard Chartered Bank Nepal Ltd (Rs 26.16 million) were the top gainers in terms of mone tary value this week. Nepal Credit and Commerce Bank topped in terms of numbers of share units (1,11,000) of its shares traded and the number of transactions, with 255 in the kitty.
Altogether 75 companies of the total listed companies saw their shares traded at the sole secondary market of the country this week. Nepse listed 60,00,000-unit rights shares of Kist Merchant Bank and Finance. But this week too, Nepse did not see any transaction of government and institutional bonds.
Source: THT
No comments:
Post a Comment