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The trading floor opened at 587.21 points last Sunday which gradually plunged to 565.86 points on Thursday. With their indices falling by 30.29 points to rest at 540.10 points, the commercial banks turned out to be biggest losers of this week.
Shares of finance companies and development banks also went downhill this week. The finance companies saw a decline of 10.42 points close. In a linear fashion, the development banks’ index fell by 11.69 points to respite at 626.42 points. Hydropower sector index also went down by 13.99 points.
As major sectors witnessed a downward spiral, the float index size was reduced by 2.05 points.
Shares equal to Rs 311.16 million were traded this week in 5,408 transactions of 602,600 units. The trading amount was 4.66 per cent lower than the Rs 326.88 million of the previous week. Class ‘A’ companies trading occupied 54.90 percent of trading, with Rs 171 million. nepalnews.com
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