A slight improvement in the stock market; why is it fluctuating?
Kathmandu. The market has broken its streak of declines for the fourth consecutive day. Today, the market saw a slight improvement. Although the market rose by a small margin today, there is no atmosphere of enthusiasm among investors. As the market remains sluggish, investors have begun to feel that their investments are disappearing like water poured on sand.
The Securities Board of Nepal, Sebon, remaining without leadership is also being seen as a major reason for the decline in market sentiment. Delays in the appointment of new leadership and in the institutional reform process have created a lack of policy clarity. As investors remain in a 'wait and see' position over what role the incoming leadership will play in improving the market, it has not been possible to create an immediate positive atmosphere, according to analysis.
Although banks and financial institutions have published their financial statements for the third quarter of the current fiscal year 2082/83, their impact has not been seen in the stock market as expected. Even though the financial condition of most institutions appears satisfactory, it has not been able to restore confidence in the market. Despite positive indicators, the market has not responded as expected
Express
Related News
Nepal Rastra Bank is collecting one trillion deposits today, and the interest rate will be decided by negotiation
Kathmandu. Nepal Rastra Bank is going to collect deposits worth one trillion rupees today to manage excessive liquidity in the financial system. The Monetary Management Department of the Central Bank has issued a notification calling for the colle...
Watermelon farming has started for trials in the coastal area of the cyclone
Kathmandu. Bhirkot Municipality of Syangja has started watermelon farming as a test in Andhikhola coastal area. Mayor Govinda Kumar Karmacharya said that in collaboration with Heifer International, the aim of commercial watermelon farming ha...
How much is the foreign currency exchange rate on Thursday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 143 rupees 50 paisa and the selling rate is 144 rupees 10 paisa. Similarly,...
Farmers line up overnight to sell paddy, rush to government procurement centre
Kailali. Swaroop Chaudhary from Ghodaghodi Municipality-3 here went to Bhajani to sell paddy early on Saturday morning. After the government started buying paddy by fixing the support price of paddy, the sub-centre of the Food Management and...
After the interest of the Prime Minister, the closed tea industries are re-opening
Kathmandu. The tea industries of Jhapa and Eelam, which were closed for the past few days, have resumed operations due to India's restrictions on tea exports. After the government promised to form a special task force to solve the problems of the...
Fluctuations in the prices of the dollar and euro; this is the central bank’s new rate
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rates for today, Monday. According to the details made public by the central bank, the buying rate for one US dollar has been set at Rs 151.56 and the selling rate at Rs 152...



