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Nepse up, transaction down

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KATHMANDU, June 30: After shedding points for two consecutive days, Nepal Stock Exchange (Nepse) index recorded a marginal gain of 0.27 points to close at 455.75 points on Wednesday.



Sensitive Index that measures the trading of Category ´A´ companies in the secondary market also inched up by 0.14 points to settle at 111.06 points. [break]



Rise in the sub-indices of most of the trading groups pushed the benchmark Nepse to the green territory. Banking, Hotels, Development Bank and Hydropower groups saw their sub-indices go up, albeit, marginally. However, the sub-indices of Finance and Insurance groups went down.



The sub-indices of Banking and Hotels groups increased by 0.62 points and 3.48 points to close at 429.25 points and 409.94 points respectively. Similarly, sub-indices of Development Bank and Hydropower groups went up by 0.08 points and 0.95 points to settle at 473.51 points and 706.64 points respectively.



However, Finance and Insurance groups moved in the red zone losing by 1.45 points and 1.26 points to close at 407.55 points and 547.69 points respectively. The sub-indices of Others group remain unchanged at 528.73 points.



Though the Nepse index marginally scaled up, total turnover dropped to Rs 21.28 million on Wednesday from Rs 26.96 million recorded a day earlier.



Number of shares traded also declined to 53,728 units from 70,044 units. However, total market capitalization rose marginally to Rs 357.21 billion from Rs 356.99 billion.



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