Transaction amount goes up, Nepse down

The contribution of Group-A companies -- the blue-chip shares in the domestic market -- dropped to 24.69 per cent from last week's 50.86 per cent. However, the transaction has gone up by 103.88 per cent to Rs 462.61 million against last week's decrease of 1.76 per cent.
The Nespe also lost 3.18 points to 667.43 points from last week's closing of 670.61 points. The 78-scrip sensitive index lost 1.54 points to 177.36 points from last week's closing of 178.90 points. The float index -- calculated on the basis of real transactions -- also shed 0.19 points to close at 64.09 points.
The shareholders of the commercial banks, development banks, finance companies and insurance companies lost while the hotels, hydropower and trading sub-groups' share holders gained this week. The manufacturing sub-group did not see any transaction of its shares but others sub-group -- that has Nepal Telecom shares under its belt -- after the plunge it recovered to close at 646.19 points -- the closing of last week.
This week NCC Bank (with Rs 98.30 million) topped the chart in terms trading amount followed by National Hydropower (with Rs 87.89 million), Nepal Bangladesh Bank (with Rs 63.83 million), Bank of Kathmandu (with Rs 17.02 million) and Standard Chartered Bank Nepal (with Rs 15.53 million).
Similarly, in terms of share units traded National Hydropower topped the chart as its 9,82,000-unit of shares changed hands. But in terms of number of transactions, Pashupati Bikas Bank topped the chart with 604 transactions.