Capital market posts marginal growth, turnover limit at Rs. 2.23 billion over the week

Kathmandu: Nepal Stock Exchange (NEPSE) index has posted a marginal growth over the week. The NEPSE index grew by 4.23 points to close at 1,493.29 points over the week compared to last week.

However, the transaction amount has decreased by 23.38 per cent to Rs. 2.23 billion over the week compared to last week’s transaction.

A total of 185 companies traded their 5.47 million shares in 23,499 transactions to make a turnover of Rs. 2.23 billion over the week, according to NEPSE report.

Last week, NEPSE traded 6.82 million shares in 29,330 transactions made a turnover of Rs. 2.92 billion.

The sensitive index, which measured the transaction of group ‘A’ companies, also recorded a growth of 1.31 points to close at 314.43 points over the week.

Sub-indices of hydropower, commercial banks and development bank and hydropower group increased by 48.97 points, 9.48 points and 2.81points to close at 1,922.14 points, 1,280.18 points and 1,752.8 points respectively.

Likewise, the sub-indices of manufacturing, microfinance and trading group posted a growth of 7.45 points, 23.52 points and 0.68 points to stand at 2,477.69 points, 1776.3 points and 835.24 points respectively.

However, the sub-indices of insurance, hotel, finance and other group went down by 66.6 points, 38.86 points, 2.33 points and 6.36 points to close at 7,981.09 points, 2,102.3 points, 753.47 points and 835.24 points respectively.

According to NEPSE report, Sana Kisan Bikas Bank occupied first position in terms of total turnover (Rs. 219.9 million) and Civil Bank Limited secured first position in terms of number of share transaction (272,000 shares).

Likewise, Everest Bank Limited occupied first position in terms of transaction numbers (1,450 times).

The other companies that stood second, third, fourth and fifth position in terms of total turnover are  Everest Bank Limited ( Rs. 168.49 million), Nepal Life Insurance Company Limited (Rs. 86.7 million), Standard Chartered Bank (Rs. 67.15 million) and Civil Bank Limited (Rs. 58.47 million) respectively.