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Nepse loses 5.12 points

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KATHMANDU, Nov 16: After posting marginal gain on Sunday, Nepal Stock Exchange (Nepse) index lost 0.9 percent or 5.12 points to close at 561.82 points on Monday. [break]



The Sensitive index, the indicator of transaction of category ´A´ companies listed in Nepse, shed one percent or 1.54 points to close at 140.41 points at the end of Monday´s trading.



Share analysts have termed the slight fluctuation as a natural phenomenon in the secondary market.



Banking group, the dominant player in the market, saw its sub-index shed 7.22 points to close at 537.51 points. The loss in share prices of key banks like Bank of Kathmandu, Nabil Bank, Nepal Investment Bank, NIC bank and Sunrise Bank dragged the sub-index of Banking group down. Sub-indices of Development Bank, Finance and Others groups also went down by 9.62 points, 1.59 points and 10.57 points to close at 614.86 points, 599.95 points and 595.69 points respectively. However, Hydropower group registered a marginal gain of 1.35 points to close at 819.1 points.



Of the total 56 companies whose shares were traded on Monday, 39 companies saw their share prices down, 13 witnessed gain while share prices of four companies remained unchanged.



Total turnover during Monday´s session reached Rs 56.87 million, with 100,476 units of shares and 56 scrips being traded through 1,042 transactions. Total market capitalization touched Rs 411.10 billion on Monday.



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