 |
Kathmandu Sunday August 12, 2001 Shrawan 28, 2058.
|
Share market recovers by 5.99
pts
Post Report
KATHMANDU, Aug 11 - After series of tumbles
eroding the investment confidence of the investors of Nepalese money market, the Nepal
Stock Exchange (Nepse) index this week soared by 5.99 points. The index, last week had
tumbled by 5 points.
According to the stock information released
by Nepse, on the opening day of the share transaction on Monday, the index stood at 321.22
points, which on the closing day surged by 5.99 points to touch 327.11 points.
In sector wise break down of the index, the
index of the commercial banks, which is the major shareholder in the stock market, soared
by almost 10 points to touch 350.87 points from 340.89 points. Its index during last
week’s transaction had slumped by 7.69 points and settled down at 333.85 points while
similar plunge of over 14 points was witnessed in the previous week.
The index of hotel group also recorded an
increase of almost 4 points from 247.85 points on the opening day to 251.22 points on the
closing day. The index of this sector had also shown the highest fall of 18.09 points in
last week with the fall from 265.94 points to 247.85 points. Similar double-digit plunge
of 17.36 points was also recorded in the previous week.
Despite improvement in the index of the major
share trading sectors, the index of insurance and finance sector declined marginally from
326.14 points to 325.80 points. This group had recorded a marginal improvement in its
index last week that rose from 325.93 points to 327.91 points.
During the week, the index of the
manufacturing and processing group declined marginally to settle at 333.28 points from
333.98 points whereas its index during the transaction last week had remained unchanged at
333.98 points. However, the index of other group registered a nominal increment and
touched 181.48 points from 180.34 points whereas the index of the group had remained
unchanged at 118.11 points last week.
Similarly, in the group-wise market
participation, after record breaking slide in the participation of the commercial bank
last week, it regained its lion’s share and captured 70.79 per cent of the total
transaction. Its participation last week had tumbled to capture just 6.5 per cent and had
slipped to the third position.
Likewise, during this week’s
transaction, the participation of finance group retained its second position by capturing
24.38 per cent whereas such participation in the last week was 10.5 per cent of the total
transaction.
The participation of manufacturing and
processing group captured 2.62 per cent against the nominal participation of 0.93 percent
recorded last week. Similarly, the participation of hotel group and insurance group
remained 0.37 per cent and 1.19 per cent respectively while the participation of other
group stood at 0.65 per cent. No transaction of the trading group was recorded this week.
In this week, the share market recorded a
total turnover of Rs 18.94 million in 988 transactions through 40,707 share units whereas
the share market had a total turnover of 132.04 million in 953 share transactions with
995,924 units last week.
During this week, Sidhartha Finance Company
topped the list of listed company with 289 number of transactions whereas, in terms of
share units, Nepal Merchant and Banking Company secured the first position with
transaction of 7,770 share units. While in terms of volume of transaction, Bank of
Kathmandu was ranked first with the transaction of 3 million. The Nepse market this week
remained opened for all five days.
Companies whose share trading was recorded
for all five days include Standard Chartered Bank (Rs 2,030 - 2,000), Himalayan Bank (Rs
1,445 - 1,475), Nepal SBI Bank (RS 1,550 - 1,565), Nepal Bangladesh Bank (Rs 1,131 -
1,040), Bank of Kathmandu (Rs 481 - 465), NIC Bank (Rs 390 -380) and Sidhartha Finance (Rs
195 - 196)
Likewise, the companies whose shares were
traded for four days this week are Nepal Indosuez Bank (Rs 1,080- unchanged), Everest Bank
(RS 710 - 715), Taragaon Regency Hotel (Rs 75 - 84), Necon Air (Rs 115 - 110), HISEF (Rs
265 - 270)and Lumbini Finance and Leasing (Rs 240 - 225).
During the week, the companies having their
share transaction only for one day include Nepal Lever, Soaltee Hotel, Premier Finance,
National Finance, Annapurna Finance, Nepal Housing and Merchant Finance and Goodwill
Finance and investment Company.
Other Stories
|
