Nepse suffers double digit decline

Published On: August 15, 2017 05:08 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Aug 15: Flooding and landslides across the country have caused a severe affect on Nepal Stock Exchange as the benchmark index has suffered a double-digit fall on Tuesday. 

The index dipped by 12.97 points to close at 1629.16 points. A total of Rs 16 lakh 15 thousand and 738 shares of the total 160 companies was traded at Rs 78 crore 36 lakh seven thousand and 408, according to Nepse. 

All banking groups except for hotel ended in the red. Banking group fell by 10.86 points while development bank by 13.74, hydropower company by 24.49, finance by 3.96 and insurance group by 88.76. 

Likewise, production group dropped by 28.34 points and other groups by 5.79. Hotel group increased by 3.2 points however. RSS 

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