Nepse loses 1.25 points

Nepal Stock Exchange (Nepse) index lost 1.25 points to close at 659.17 on Monday.

After making gains for five consecutive days, the Nepse tumbled amid uncertainty about the new government.

The Sensitive Index, the barometer of category ´A´ companies, also slipped 0.51 points to 173.84 points. The Float Index also went down by 0.2 points to 63.59 points.

The Banking group and the Trading group lost 3.68 points and 3.94 points to respite at to 657.15 points and 214.08 points, respectively. The Insurance group index also dipped by 3.42 points, to finish at 631.5 points.

Development Bank group and Finance group rose by 2.24 points and 3.72 points to reach 775.98 and 749.75 points, respectively. The Other group also gained 1.17 points, to get to 646.19 points.

The total market capitalization reached Rs 422.31 billion with 66,674 shares worth Rs 53.57 million traded through 824 transactions. nepalnews.com May 12 09