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
What is the exchange rate of which foreign currency on Friday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. The fixed exchange rate is fixed at the buying rate of one US dollar at 147 rupees 96 paisa and the selling rate at 148 rupees 56 paise. Similarly,...
Two Nepali farmers who were jailed for going to India to buy fertilizers were released on bail after 38 days
Kathmandu. Two Nepalese farmers from Sarlahi, who were arrested while going to India to buy chemical fertilizers for their fields, have been released after 38 days. Suresh Prasad Singh and Nagendra Prasad Singh of Balra Municipality-5 of Sarlahi w...
IPO sale of Bhujung Hydropower is open, how many shares can be filled?
Kathmandu. Bhujung Hydropower Limited has opened the IPO sale for the public from January 12 today. The company has issued the IPO and distributed it to local residents affected by the project and Nepalese who have gone abroad for employment, and...
What is the exchange rate of which foreign currency for Tuesday?
Kathmandu. Nepal Rastra Bank has announced the foreign currency exchange rate for Tuesday, June 16. According to the exchange rate published by the National Bank, the buying rate of one US dollar has remained at 150 rupees 97 paisa and the selling...
In the construction of the building, bribes and employees including the engineer in the trap of the authority
Biratnagar. The Commission for Investigation of Abuse of Authority has arrested three persons in connection with bribery related to building construction in Dhankuta and Bhojpur districts. According to the authority, engineer Suman Rai, accounting...
The oil tanker turned back midway when the Hormuz waterway was completely closed
Kathmandu. After the cease-fire between the United States and Iran, the situation worsened again, and Iran has completely closed the Strait of Hormuz waterway, which is considered important for oil imports. Iran has taken this step in response to...



