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Nepse posts marginal gain

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KATHMANDU, April 13: Amid persisting liquidity crunch and lower rate of returns from the secondary market compared to banks, Nepal Stock Exchange (Nepse) index inched up marginally for second straight day on Tuesday. The benchmark index gained 1.1 points to close at 444.76 points on the third day of the week´s trading.



Nepse marginally gained points on the day despite the sub-indices of all major trading groups, including Banking, shedding points. Sensitive index, which indicates the trading of category ´A´ companies, gained 0.46 points to settle at 108.73 points. [break]



Banking and Development Bank groups, two key trading groups in the secondary market, saw their sub-indices go down by 0.58 points and 0.57 points to settle at 418.56 points and 463.53 points respectively.



Similarly, the sub-indices of Hydropower and Finance groups also lost 1.99 points and 1.6 points to close at 713.69 points and 437.09 points respectively.



A total of 62,304 units of shares and 62 scrips worth Rs 22.66 million changed hands through 501 transactions on Tuesday. Total market capitalization -- total worth of listed shares - was recorded at Rs 344.45 billion.



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