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 Kathmandu Sunday September 03, 2000 Bhadra 18,  2057.


Share trading up, index down

By a Post Reporter

KATHMANDU, Sept 2 - Share trading on Nepal Stock Exchange (NEPSE) floor continued to maintain an upward trend this week despite speculation that last week’s surge might not be contained for long.

However, the positive inclination in share trading could not augment the last week’s NEPSE Index upheaval.

The index that surged by 27.91 points within five days in the last week, however, went down by 1.25 points this week.

While the opening index this week on Monday stood at 421.11 points, it fell to 419.86 at the end of the week’s trading on Friday. Last week, the index had surged from 389.03 to 416.94 within the five working days. The surge in the index last Friday alone stood at 10.08 points.

On a group-wise basis, the index for commercial bank group has fallen from 499.26 to 495.78 this week. Similarly, each of the indices for trading and other groups also decreased from 123.94 to 123.87, 323 to 317.29 respectively.

On the other hand, the indices for manufacturing and processing, hotel, finance and insurance groups each declined from 336.01 to 336.97, 342.95 to 344.21 and 305.32 to 310 points respectively.

Group-wise trading information for the week revealed the participation of commercial banks at 93.09 percent. Similarly, the participation of manufacturing and processing group stood at 1.55 percent, hotel group 1.32 percent, finance group 3.20 percent, insurance group 0.36 percent, trading group 0.31 and others at 0.16 percent.

In this week’s total 1286 transactions, 92356 shares worth over Rs 77.62 million was traded in the NEPSE floor this week. Trading last week stood at 90561 shares valued at Rs 63.15 million in 879 transactions.

Share trading this week in terms of number of transactions and share units was led by Nepal Industrial and Commercial Bank (NIC Bank), while Bank of Kathmandu (BoK) emerged a topper in terms of transaction value.

17040 shares of BoK, in 240 transactions, were traded this week, the value of which stood at Rs 21.16 million. The bank’s transaction last week was 24190 shares worth Rs 31.7 million.

51 companies this week had quoted their price for trading in NEPSE, out of which shares of only 42 companies were traded. NEPSE remained open all five days.

Companies whose shares were traded in all the five trading days this week were Nepal Arab Bank (Rs 281-340), Nepal SBI Bank (Rs 1550-1510), Nepal Bangladesh Bank (Rs 2101-2050), Everest Bank (Rs 1370-1410), Bank of Kathmandu (Rs 1533-1431), NIC Bank (Rs 583-580), Taragaon Regency Hotel (Rs 160-160), United Insurance Company (Rs 255-256) and NIDC Capital Markets (Rs 505-550).

Companies whose shares were traded one day only include Rastriya Beema Sansthan (10/15240), Premier Insurance (10/2450), Narayani Finance (27/10395), Yeti Finance (100/18500), Nepal Welfare (410/34440), Mahalaxmi Finance (60/9000) and Pokhara Finance (40/10000).


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