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Share Market

NEPSE index dips 1.64 points; turnover reaches Rs 3.19 billion

A total of 7.13 million shares of 336 companies were traded 47,841 times, generating a turnover of Rs 3.19 billion, according to NEPSE.

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KATHMANDU: The Nepal Stock Exchange (NEPSE) index declined by 1.64 points to close at 2,711.22 on Wednesday.

A total of 7.13 million shares of 336 companies were traded 47,841 times, generating a turnover of Rs 3.19 billion, according to NEPSE.

In today’s trading, banking rose 0.16%, finance 0.19%, hotels and tourism 0.22%, investment 0.40%, microfinance 0.48%, mutual funds 0.80%, non-life insurance 0.19%, and other groups 0.03%.

However, all other major sectors ended in negative territory.

Development banks fell 0.51%, hydropower 0.43%, life insurance 0.32%, and manufacturing and processing 0.56%.

Forward Microfinance Laghubitta recorded the highest gain of 13.74%, while Bhagwati Hydropower Development Company suffered the steepest loss, declining 8.90%.