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Nepse drops 6.2 points

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KATHMANDU, Feb 16: Nepal Stock Exchange (Nepse) index continued its downward journey on Tuesday with the benchmark index losing by 1.26 percent or 6.2 points to settle at 486.82 points.



Nepse index has been in red zone for the last few weeks, dragging down barometer of investors´ confidence to the lowest in three years.  [break]



Sensitive index, the indicator of stock price of Group ´A´ companies listed in Nepse, edged down by 0.9 points to 117.94 points.



The sub-indices of key trading groups such as Banking, Hydropower, Finance and Others suffered loss, while the sub-indices of Development Bank and Insurance groups posted gains on Tuesday.



Banking and Hydropower groups closed at 458.86 points and 799.76 points losing 3.9 points and 3.86 points respectively.



Similarly, Finance and Others groups shed 4.01 points and 21.15 points to end at 486.23 points and 536.95 points respectively.



However, Development Bank and Insurance groups´ sub-indices went up by 0.23 points and 0.9 points to close at 514.61 points and 576.04 points respectively.



Total turnover and total market capitalization reached Rs 32.71 million and Rs 376.17 billion respectively on Tuesday.


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