Wednesday, 20 October, 2021

NEPSE continue to follow bearish trend, index slips by 76.65 points


By A Staff Reporter
Kathmandu, Sept. 17: The benchmark of capital market index, NEPSE, has been declining for the last three consecutive days since Tuesday.
The NEPSE index declined by 76.65 points (2.65 per cent) and closed at 2,812.38 points on Thursday, the last trading day of the week.

The index had declined by 135.44 points in the last three transaction days. NEPSE declined by 18.5 points on Tuesday and 40.25 points on Wednesday.
However, NEPSE had posted a growth of 71.43 points on Sunday and 0.27 points on Monday this week.
The sensitive index which measures the performance of group ‘A’ companies also decreased by 12.73 points (2.36 per cent) to close at 525.78 points today.
According to NEPSE, the sub-indices of all groups declined today.

Sub-index of life insurance group posted the highest fall of 452.59 points followed by non-life insurance and development bank group whose indices decreased by 383.7 points and 197.22 points respectively.
Similarly, sub-index of microfinance went down by 171.77 points, finance by 139.44 points, manufacturing and processing by 137.39 points, hotels and tourism by 125.83 points.
The sub-index of banking has decreased by 41.14 points, trading by 110.13 points, others by 31.16 points, microfinance by 0.24 points and investment by 2.39 points.

A total of 16,468,508 shares worth Rs. 9.03 billion of 229 companies were bought and sold in 113,807 transactions today.
Share price of Manakamana Smart Laghubitta Bittiya Sanstha increased by 10 per cent, Sanima ICFC Finance Debenture 2083 rose by 1.23 per cent and Sanima Bank Debenture by 0.77 per cent.
However, share price of Corporate Development bank declined by 8.17 per cent, Shree Investment Finance Company by 7.18 per cent, ICFC Finance by 7.03 per cent and Liberty Energy Company by 6.74 points in today’s transaction.