KATHMANDU: The domestic share market has closed with bearish records. On June 20, the Nepal Stock Exchange (Nepse) index was at 1264.36 points and it was closed at 1257.15 points on June 27.
According to the Nepse, throughout the week, a total of 7,672,564 units of share of 147 companies were traded and the total transaction was over 2.52 billion.
The opening day of the week ended by making the investors disappointed as the Nepse index was hit by a double digit fall (10.1 points) to sit at 1254.35 points.
The total transaction also had declined that day. Monday or the second day of the week recorded a bullish run on the share business at it was closed at 1260.10 points. Tuesday followed the pace of previous day by registering a slight 0.96-point rise and closing at 1261.07 points.
The following two days–Wednesday and Thursday–the Nepse was on a bearish run by witnessing a 2.78-point and a 1.14-point fall respectively.
Commercial banks had their influence on the domestic share market this week also. On the basis of market capitalization, Nepal Telecommunications Company made its topmost position on Nepse chart and it was followed by Nabil Bank, Nepal Investment Bank, Everest Bank, Standard Chartered Bank, Nepal Life Insurance, Himalayan Bank, NIC Asia, Nepal SBI Bank and Agricultural Development Companies.
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