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Nepse gains 2.54 points

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KATHMANDU, July 6: Nepal Stock Exchange (Nepse) index rose marginally by 2.54 points to close at 463.24 points on Tuesday, recovering from a decline of 3.99 points a day earlier.



The sub-indices of Banking and Insurance groups contributed to the recovery in the benchmark index despite fall in sub-indices of majority of trading groups. Banking - the key trading group in the secondary market - and Insurance groups gained 6.46 points and 0.58 points to settle at 440.54 points and 549.19 points respectively. [break]



However, the sub-indices of Hotels, Development Banks and Hydropower groups saw their sub-indices go down by 8.7 points, 0.68 points and 14.59 points to close at 413.41 points, 473.45 points and 740.71 points respectively.



Likewise, Finance and Others groups saw their sub-indices drop 1.78 points and 2.34 points to close the day´s trading at 401.2 points and 532.26 points respectively.



Total turnover on the day reached Rs 21.24 million with 39,652 units of shares and 64 scrips changing hands through 590 transactions. Total market capitalization -- total value of listed shares in the secondary market -- was recorded at Rs 364.02 billion.



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