News from Nepal as it happens!

As hesitation remains, the nepse is reduced slightly.

In the first hour of Thursday’s trading session, stocks were bumpy, and by mid-day, they had made a modest decline. The index of the Nepal Stock Exchange (Nepse) plummeted to a level close to 2,720, but managed to recover in the last hours of the trading day. Despite this, the benchmark completed the session at 2,731.78 – a decrease of 3.22 points from where it began the session.

The bourse has seen a string of dull sessions in recent weeks, as investors have abstained from taking any significant positions ahead of the central bank’s monetary policy review. Because there was no discernible direction on the stock exchange, trade fell to less than Rs. 4 billion.

The ‘Others’, ‘Hotels & Tourism’, and banking sub-indices were able to defy the trend,

Read the full story at earnmoney.com.np


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