By A Staff Reporter Kathmandu, July 4: The benchmark of share market index, NEPSE, posted a double-digit growth of 57.61 points on Sunday, the first trading day of the week. The index which opened at 2,028.77 points closed at 2,086.38 points at the end of the trading hours.
The continuously sliding share market has improved since last week. The NEPSE index had increased by about 9 per cent last week. The index, which closed at 1,862.06 points previous week, increased by 166.71 points and reached 2,028.77 points last week.
The index had increased by 94.92 points on Sunday, 41.4 points on Wednesday and 74.93 points on Thursday last week. The NEPSE index had declined by 23.85 points on Monday 11.82 points on Tuesday and 8.87 points on Friday. The sensitive index which measures the performance of group ‘A’ companies increased by 10.21 points (2.63 per cent) to close at 398.82 points.
The sub-indices of all groups increased sharply today. The sub-index of manufacturing and processing group saw the highest growth of 250.41 points followed by non-life insurance and trading group whose indices increased by 182.8 points and 174.86 points respectively.
The sub-indices of life insurance, development bank, microfinance, hydropower and hotel and tourism groups increased by 170.89 points, 118.43 points, 139.16 points, 128.62 points and 94.87 points respectively.
The sub-index of banking group went up by 16.83 points, finance by 65.99 points, others by 72.67 points, investment by 2.36 points and mutual fund by 0.06 points in today’s transaction.
Along with NEPSE, the turnover also increased today. A total of 6,227,692 shares worth Rs. 2.48 billion of 231companies were bought and sold in 45,120 transactions today.
Shares worth Rs 1.45 billion had been sold on Friday last week.
Of the 231 companies, share prices of 190 companies increased while 30 companies saw a fall. The value of 11 companies remained stable.
Share prices of six companies, including Salt Trading Corporation, Himalayan Power Partners, Upper Tamakoshi Hydropower, and Sanjen Jalavidhyut increased by 10 per cent on Sunday.
However, the share prices of BoK debenture decreased by 9.31 points, Ngadi Group Power by 3.23 points and Prabhu Select Fund by 3.18 points.