Kathmandu, May 27: Despite pre-budget fever, that seems to have wrapped the country’s micro-economy, the general trend of the share market in Kathmandu has remained normal.

On the basis of the transaction volume, the situation of the capital market this weekend has witnessed a fair upsurge.

Throughout the weekend, Bank of Kathmandu hit the NEPSE’s trading floor with the sale of 9620 shares equivalent to Rs.8407930/- But, in terms of the volume of share, Alliance Insurance Co. is ahead of other companies registered in the NEPSE for transaction.

A total of 87,120 shares amounting to Rs 25,228,879/- was traded, whereas the number of shares traded on the NEPSE’s trading floor in the previous week was 47695 equivalent to Rs. 19,467,612/-.

It is to be noted that the number of transactions this weekend was 608 which is greater than the transaction of the previous week.

On the basis of transaction, commercial banks like in the past, are far ahead of companies in other sectors like-manufacturing & processing, hotel, insurance, finance and trading.

This week, commercial banks occupied 71.92 per cent in the total transaction, whereas manufacturing sector obtained 0.76, hotel sector – 1.82 per cent. Insurance sector stands in the second position by obtaining 14.07 per cent. The percentage of finance sector in the total transaction is 11.41.

In groupwise transaction, a total of 20,549 shares of commercial banks were traded. The amount of shares was Rs.18,049,895/- whereas this figure was Rs. 16331227/- in the previous week. In manufacturing & processing sector a total of 2500 shares amounting to Rs 191834 was traded throughout the week. The number of shares traded in previous week was 1650. A total of 5,339 shares of the insurance sector were traded this weekend. The amount was equivalent to Rs.3,530,730/ – Similarly, 2,986 shares amounting Rs 455,540/- of hotel sector were traded. On the basis of transaction finance sector came after insurance both in terms of volume of shares and the amount being traded. Transaction of trading sector is insignificant.

Everest Bank Ltd., Alliance Insurance Company and Bank of Kathmandu dominated the trading floor throughout the weekend. NEPSE’s trading floor remained opened all the five days (May 22-26). Nepal Arab Bank (Rs1300 -1270), Nepal Grindlays Bank (Rs. 1955), Nepal SBI Bank (Rs 1071-1101), Nepal Bangladesh Bank (Rs1390-1365), Everest Bank (Rs 830-851), Bank of Kathmandu (Rs 885-873), Everest Insurance Co. (Rs. 460-425) had recorded round-the-week transaction. Nepal Bank Ltd.- country’s oldest bank (Rs 285-326), Himalaya Insurance Co. (Rs 265) and Kathmandu Finance (Rs 230-241) and Universal Finance (Rs 155) recorded the transactions on four days. Nepal Liver Ltd. Nepal Lube Oil, Necon Air Ltd. and Citizen Investment Fund had recorded the transaction of only one day in the weekend.

Out of 53 companies registered, transaction of 41 of them took place in the NEPSE’s trading floor.

Information on NEPSE weekly transaction are available also on the web page (http:// www. nepal. stock .com), according to its weekly bulletin.