Nepse index has continued to swing for the last couple of weeks amid unpredictable political development in the country. Loss in the sub-indices of major trading groups, including the heavyweight Banking group, dragged the benchmark index on the day. [break]
Banking and Development groups lost their sub-indices by 25.25 points and 1.31 points to settle at 468.56 points and 498.94 points respectively. Similarly, the sub-indices of Hydropower and Others groups dropped 3.06 points and 10.57 points to close at 757.23 points and 562.8 points respectively.
However, Finance and Insurance groups gained 1.3 points and 0.56 points in their sub-indices to settle at 443.75 points and 557.86 points respectively.
Total turnover on the day dropped Rs 83.32 million from Rs 123 million recorded on Sunday. Number of shares traded also dropped to 191,569 units from 374,349 recorded a day earlier. Market capitalization was recorded at Rs 382.77 billion on Monday, lower from Rs 395.48 billion recorded on Sunday.
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