Impact of Politics at Nepse

Kathmandu, Jan.19- Nepse index increased 12.43 points during previous week. It had closed 781.96 on Sunday, 12^th January (the first trading day of the week) and reached 794.39 at the close of Thursday, 16^th January (the last trading day of the week). The market floor was open for four days. The market was closed on Wednesday due to public holiday.

The decision to summon the first CA meeting as on January 22, by the Chairman of the Council of Ministers Khil Raj Regmi, was made after the compromise was reached between the head of state and the executive head on January 11.

Days	Sectors									Nepse Index
	Com. Banks	Mfg. & Pro.	Hotel	Others	Hydro	Trading	Insu.	Finance	Dev. Banks
Sun	789.07	934.22	1095.97	783.62	1719.42	168.58	2173.13	326.09	444.71	781.96
Mon	786.54	923.37	1119.88	783.62	1718.00	170.44	2199.02	325.51	451.47	782.12
Tue	788.12	923.37	1134.66	787.14	1769.38	170.44	2226.10	328.73	458.54	787.05
Wed	Public Holiday
Thurs	793.52	924.10	1206.38	798.89	1798.85	170.43	2239.60	328.56	463.29	794.39
Changes	4.45	-10.12	110.41	15.27	79.43	1.86	66.47	2.48	18.58	12.43

Source: Nepse

Following this decision, the market witnessed an increase in the demand of the listed shares throughout the week.

In the week, the ‘hotel’ sub-index boosted the highest by 110.41 points closing at 1206.38 points. That was followed by the hydro-power sector sub-index which increased by 79.43 points.

Among the nine sectors, only manufacturing and processing sub-index saw decline of 10.12 points during the week.

Shares of 137 companies were traded at Nepse during the week through 9,813 transactions amounting to Rs1,548,100,000. The transaction amount is 5.84 percent lesser than that of earlier week. The total number of scrips traded was 3,162, 470 which is 326,440 scrips less than that of earlier week.

All in all, the 137 scrips were traded this week, out of which 88 scrips gained, 15 remained intact and 34    scrips lost.

The best performer this week among the traded scrips was Shikhar Insurance Co. Ltd. (SICL), closed at Rs 1035, with a gain of Rs 254 or 32.52 percent. Whereas, Araniko Development Bank Limited (ARDBL), closed at Rs 113, was the worst performer among all with a decline of Rs 18 or 13.74 percent.

The scrip with the highest turnover was Kumari Bank Ltd (KBL), closed at 582, with 288,080 units worth Rs 160,584,127 which was carried out by 568 transactions.

Similarly, Kumai Bank topped in number of scrips traded during the week. Altogether 288,800 scrips of the bank were traded during the week. At the same time, Agriculture Development Bank was at the top on the basis of the number of transactions (575).

At the same time, ordinary shares of Sanima Mai Hydropower Company, bonus shares of City Development Bank and right shares of Triveni Bikas Bank were listed at Nepse during the week.

      By: Rashesh Vaidya