NEPSE goes upward

KATHMANDU, Aug 16 - The capital market saw a significant improvement last week with the Nepal Stock Exchange (NEPSE) index going up by 23.56 points. Although the initial days started with the index declining to 693.64 points from 700.01 in the final day of trading in the previous week, it went up to 717.20 points on Wednesday, the final day of trading last week.
The trading didn't take place on Thursday due to public holiday. The index remained below 700 in initial three days last week.
The role of commercial banks remained crucial in bringing up the index with the group seeing an increase of 41.87 points in its index. All the groups saw a rise in their respective indices except the group categorised as others.
The hydropower group also saw a growth of 11 points in its index followed by the group representing finance companies an increase of 4.31 points.
Likewise, the indices of insurance companies, development banks and manufacturing sector went up by 2.95, 0.87 and 0.57 points last week. The group categorised as others saw in decline of 4.70 points in its index and the hotel group saw no transaction in the entire week.
The shares of 85 companies were traded last week in the stock exchange. As many as 642,800 units of shares worth Rs. 389.33 were traded via 4298 transactions. In the previous week, as many as 516,400 units of shares worth Rs. 263.38 million had been traded via 4046 transactions.
The 'A' class companies occupied 57.62 percent shares in total turnover with these companies
seeing a turnover of Rs. 224.30 million. The sensitive index that measures the transactions of 'A'
class companies also went up by 9.23 points.
weekly review
Date Total Turnover (Rs. in million) Nepse Index (in points)
12/08/09 137.84 717.20
11/08/09 77.03 690.22
10/08/09 76.33 690.32
09/08/09 98.11 693.64
Top Five in turnover
Company Turnover Amount
Standard Chartered Bank 38.49
Bank of Kathmandu 34.09
Citizens Bank International 25.57
Nepal Investment Bank 24.46
Butwal Power Company 23.48
Kantipur Report