Ending the bullish trend of over a one month, the index of Nepal Stock Exchange (Nepse) posted a decline of 0.39 points over the week due to political turmoil in capital and flagging investment scenario.
According to weekly data of the Nepal Stock Exchange, the only secondary market of the country, the Nepse index opened at 305.66 points on Sunday and ended at 305.27 points on Thursday, the last trading day under the regular lot.
The weekly data released by the Nepse shows that a total of 147,068 unit shares worth Rs 48.32 million were traded over the week. Some 64,583 unit shares worth over Rs 29.8 million were traded on the previous week.
Group-wise share trading data shows that the commercial banks group, the largest group in the stock exchange, saw a marginal decline of 0.81 points, as its index declined to 328.42 points from 329.23.
The indices of trading and development banks group fell to 142.78 points and 227.29 points respectively, from 142.83 and 228.46 points.
However, hotel group registered an increase of 1.34 points, its index rising to 181.26 points from 179.92 points. The index of insurance group inched up to 330.82 points from 330.37. Finance group gained 0.71 points, as its index increased to 247.24 points from 246.53.
Manufacturing group did not see any change and its index remained static at 274.42 points. The index of the other group remained unchanged at 354.13 points.
Of the total transactions, commercial banks group accounted for 82.53 percent market share. Finance group made up 11.20 percent share. Development banks group covered 3.07 percent of the total transaction, followed by trading group with 1.91 percent share.