Nepse dropped 14.19 points last week to settle at 539.21 points, thanks to the political uncertainty in the country. Market analysts said there was no specific reason for Nepse´s downward journey in the last few days.
Sensitive Index, which shows the trading of category ´A´ companies, lost by nominal 0.86 points to finish at 132.4 points on Monday. Likewise, Banking group lost 3.59 points to drop at 511.31 points with majority of banks seeing their share prices go down. Share prices of major banks, including Bank of Asia, Everest Bank, Kumari Bank, Nabil Bank, NIC Bank, SBI Bank and Standard Chartered Bank, dropped during Monday´s trading. However, sub-indices of Development Bank, Hydropower and Finance groups increased by 2.94 points, 2.44 points and 0.92 points to reach at 586.18 points, 792.2 points and 562.07 points respectively.
Of the total 47 companies, whose shares were traded on Monday, 19 saw their share prices go down, 28 witnessed rise, while remaining 10 saw no change.
Total turnover of share also declined to Rs 41.73 million from Rs 42.1 million at the end of Monday´s trading. Similarly, the number of shares traded on Monday also dropped to 73,544 from 77,725 recorded a day earlier. Total market capitalization stood at Rs 412.42 billion on Monday.
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