Kathmandu, January 3 : The Nepal Stock Exchange continued to decline with the index losing 1.56 points to close at 1178.87 today.
The sensitive index which measures the performance of class ‘A’ stocks also dipped 0.48 points to stand at 250.06. The market witnessed the trading of over Rs 276 million worth of 7,97,613 shares of the total 158 companies. Of the nine subgroups, six sub-indices made gains, while the remaining three dipped.
Hotel surged by 18.25 points, while finance 0.38, non-life insurance 15.02, microfinance 1.22, life insurance 68.05 and others 0.3. But, banking registered a decrement of 4.36 points, development bank 6.18 and hydropower 6.37.
The cost of several national pride projects has surged dramatically due to prolonged delays and slow construction progress, with expenses expected to rise by as much as 113...
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