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
Share price increase of five companies, how much has increased?
Kathmandu. On the first day of the week, i.e. Sunday, the stock market fell by double digits. Today, the NEPSE index decreased by 26.51 points to 2649.52 points. Share prices of 45 companies from different sectors have...
Prachanda-Madhav in Pokhara warned by businessmen not to hold street meetings
Pokhara. Businessmen of Pokhara have protested saying that holding meetings on the streets will affect their business. Nepali Communist Party (NCP) protested at Ekta Synagogue that the Nepali Communist Party (NCP) will...
Drone attack in Saudi Arabia kills two including one Nepali
Kathmandu. A Nepali and a Filipino citizen have died in a drone attack in Saudi Arabia. One Pakistani and one Indian citizen were injured in the attack. A drone attack targeted Aramco's processing plant in the Saibah oil mining area in the e...
What is the exchange rate of which foreign currency 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 145 rupees 22 paisa and the selling rate is 145 rupees 82 paisa. Similarly,...
Construction of two hydropower projects of 84 megawatt capacity in Rahughat of Myagdi has been completed
Kathmandu. Tundi Power Company has simultaneously constructed two hydropower projects on the Rahughat River that flows through Raghuganga Rural Municipality of Myagdi. Ghuganga Rural Municipality-4, 7 and 8 Ward No. 4, 7 and 8 of the two projects...
Siddharth Bank called the annual general meeting to pass the dividend proposal
Kathmandu. Siddharth Bank has announced to distribute dividends to the shareholders from the profits of the last financial year. The bank has announced that it will distribute bonus shares at the rate of 5% of the paid...



