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NEPSE index continues to dip

Kathmandu, Aug 9 : The Nepal Stock Exchange index continues to be on a downward spiral today. The NEPSE dipped 6.69 points to close at 1,180 to follow previous days that saw a moderate decline.

Likewise, the sensitive index, which measures the performance of class ‘A’ stocks, also decreased 1.37 points to sit at 249.13.
A total of 869,307 shares of 163 companies were traded at over Rs 196 million, according to the NEPSE. Trade sub group witnessed a surge by 2.11 points however.
Banking sector saw a share decline by 3.37 points, while hotel by 31.52, development bank by 1.31, hydropower by 16.88, finance by 0.7, non-life insurance company by 70.07 and other 0.42. Likewise, microfinance witnessed a drop of 16.47 points, and life insurance companies by 102.83 points.