Effects of Tarai unrest and Indian blockade can be seen in daily transaction amount which has plummeted by about a third compared to normal days. Average daily transaction at the country's only bourse is around Rs 200 million compared to around Rs 300 million recorded in normal days.Stock brokers say the benchmark index gained 5.07 points on Wednesday as investors were hopeful that Wednesday's talks between government and agitating parties will head in the positive direction. Nitesh Kumar Agrawal, managing director of ABC Securities Private Limited - a brokerage firm, said investors are willing to buy shares but sellers are unwilling to sell their scrips at low price.
But as the talks ended without making any headway, Nepse index shed 5 points on Thursday to close the week's trading at 1094.57 points.
The market opened for trading for only four days this week because of public holiday on Tuesday to celebrate Chhath festival.
A total of 1.58 units of shares worth Rs 758.23 million were traded in the market this week through 4,868 transactions. Insurance group was the biggest loser of the week as its sub-index fell 44.75 points to close at 4,587.86 points. Similarly, Hydropower and Hotel sub-indices were down 19.75 and 17.03 points, respectively, to close at 1,963.81 and 1,811.16 points. Commercial Bank and Finance groups also saw their sub-indices go by 8.33 and 0.32 points to close to 1,016.63 and 554.41, points respectively.
Manufacturing, Others and Development Bank groups, however, posted gains of 12.98, 9.4 and 1.65 points, respectively, the end the week at 1,896.79, 756.59 and 927.96 points. Trading group remained unchanged.
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