Nepse posts 1.23 point growth

February 12, 2006
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The index of Nepal Stock Exchange (Nepse) posted growth of 1.23 points over the week due to the rise in share prices of commercial banks.

The Nepse index that opened at 309.09 points on Sunday went up to 310.32 points on Thursday, the last day of the trading under the regular lot.

The Nepse index posted a growth of 2.02 points in previous week.

According to weekly data of the Nepse, a total of 134,291 shares worth Rs 45.4 million were traded over the week as compared to 131,794 unit shares worth Rs 46.8 million of the previous week.

The leading groups, including commercial banks and finance groups, maintained growth while the insurance group showed a decline and hotels and manufacturing group remained constant during the weekly trading.

Group-wise share trading data shows that the commercial banks group posted 4.8 points rise over the week reaching its index to 339.95 points from 335.15 points.

Trading and development banks group registered growths of 5.29 points and 2.3 points, as their indices increased to 148.07 points and 248.81 points respectively, from 142.78 points and 246.51 points.

Index of the others group rose to 341.20 points from 336.41 points.

The insurance group showed a decline of 0.28 point, as its index decreased from 334.39 to 334.11 on the closing day.

The hotel and manufacturing groups saw no changes in their respective indices. The indices of these groups remained constant at 181.26 points and 274.00 points respectively.

Of the total transactions, the commercial banks group captured 67.11 percent of the total transaction. Development banks group followed capturing 26.61 percent share. Finance group had 3.18 percent share while trading group made up 1.93 percent share.