In another big loss in the share market of the country, the index of Nepal Stock Exchange (Nepse) registered a whopping loss of 30.90 points over the week thanks to confusion created by the capital adjustment provision in the new Monetary Policy.

The central bank however denied allegations put forward by stock officials and brokers that the Nepse index declined due to the recently announced monetary policy.

In order to check volatile stock prices, Nepse unveiled two measures- suspension of matching transactions and introduction of circuit breaker over the week.

The suspension of matching transactions forces a broker to choose between selling or buying activities of shares, contrary to the earlier provision that used to allow both selling and buying activities by the same broker, with the aim of barring brokers from manipulating share prices.

In accordance with the circuit breaker, Nepse suspends share transactions of any listed company for a day, if its share prices fall beyond the ten percent mark from the price at which its trading began in the day.

The Nepse index fell to 355.60 points on Thursday, the last day of share trading under regular lot down from 386.50 points on Sunday.

The fall is the highest ever for intra-week trading in its 12-year long history.

According to Nepse, a total of 191,760 units of shares were traded through 1,246 transactions over the week, as compared to 183,434 shares from 1,917 transactions of the previous week.

The weekly trading report of Nepal Stock Exchange shows that commercial banks group suffered a heavy loss of over 49 points in the week. The index of the group, which had also lost over 16 points the previous week, began trading at 437.01 points on Sunday and plummeted to 387.37 points on the closing day.

Likewise, the insurance and the development banks groups also continued the negative growth trend. Weekly trading of the insurance group opened at 387.84 points and closed at 387.68 points, while the development banks group began at 290.22 points on Sunday and dropped to 287.98 points on the closing day.

On other hand, the finance group saw a meager growth reaching its index to 263.35 points up from 263.31 points. The other group gained 4.15 points over the week reaching its index to 407.03 points up from 402.88 points.

However the indices of the manufacturing group, the trading group and the hotel group remained constant at 303.65 points, 148.11 points and 180.77 points respectively.

Despite a huge fall, the commercial banks group continued to dominate the Nepse floor by capturing 74.14 percent of the total share transaction. The other group followed it and stood second with 12.06 percent.