During the four trading days, a total 337,700 units of shares were transacted at Rs 172.76 million. The transactions in terms of value, however, were down by one-third compared to last week´s. The market capitalization touched Rs 420.34 billion.
Transactions of stocks belonging to Category A companies totaled Rs 82.20 million, comprising well over 47 percent of the total transactions this week. The top five companies that attracted the investors most this week were Standard Chartered Bank, Vibor Development Bank, Global Bank, Nabil and Sanima Development Bank.
As a result of investors´ priority, commercial banks group gained 4.26 points during the period. Development banks too gained 2.45 points along with hydropower group, which gained 11.62 points.
Top five gainers when the market closed were Arun Valley Hydropower Development Company, Samjhana Finance, Annapurna Finance, Machchhapuchhre Bank and People´s Finance, while top losers were Diprox Development Bank, Nepal Development and Employment Promotion Bank, Gorkha Development Bank, IME Financial Institution and Standard Finance.
Understanding Stock Market