Tuesday, 7 April, 2020

After week-long increasing trend, NEPSE posts nominal fall


By A Staff Reporter, Kathmandu, Feb. 24: Breaking the continuously increasing trend for more than one week, the benchmark capital market index NEPSE posted a nominal fall of 1.96 points (0.13 per cent) on Monday.

The NEPSE index which opened 1504.14 points in the morning closed at 1502.18 points in the afternoon when the market got shut. The NEPSE index hovered in between 1,535 points and 1499 points on Monday.

Despite the decline in the NEPSE index, the sensitive index which measures the performance of group ‘A’ companies increased by 0.49 points (0.16 per cent) in today’s transaction.

Though the volume of transaction in the stock exchange saw slight fall on Monday as compared to Sunday, it still remained encouraging.

The stock exchange traded 8.348,234 unit shares worth Rs. 3.41 billion of 179 companies on Monday. The volume of transaction in the stock exchange on Sunday was Rs. 3.60 billion which was the highest transaction.

On Monday’s transaction sub-indices of all groups except for manufacturing, others and banking groups recorded adeclining trend.

Sub-indices of non-life insurance company recorded the highest points fall of 220.88 points, followed by microfinance, microfinance, hotels and development banks whose indices declined by 32.03 points, 22.65 points and 16.32 points respectively.

Similarly, trading, hydropower, life insurance and finance groups sub-indices declined by 15.42 points, 11.58 points, 4.73 points, 2.39 points and 0.04 points respectively.

However, sub-indices of manufacturing, others and banking groups increased 23.39 points, 9.04 points and 4.76 points respectively.

How do you feel after reading this news?