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 subgroup witnessed a surge by 2.11 points, however. 

Banking sector saw a sharp 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.

Source: My Republica