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
Fall in the price of gold, now how much per tola?
Kathmandu. The price of gold has decreased in Nepali market today. Gold tola has fallen by 1 thousand 400 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at Rs 2 lakh 84 thousand 400 per tola today....
China to launch new action plan to strengthen digital currency management and operations
Kathmandu. China has announced that it will launch a new 'action plan' to strengthen the management and operation of its digital currency from January 1. Lu Lei, the deputy governor of People's Bank of China PBOC, the country's central bank, gave...
Orange sales worth 269 million this year in Baglung
Dhorpatan. This year, Baglung has produced oranges worth Rs. 269 million. With the increase in the interest of farmers towards orange cultivation, the production has increased. Compared to last year, oranges worth Rs 44 lakh more have been produce...
More liquidity in banking system, Rashtra Bank pulling 50 billion today
Kathmandu. Nepal Rastra Bank is going to withdraw 50 billion rupees from the banking system today, January 28th. To manage excess liquidity, the central bank is using deposit collection tools to withdraw money from the banking system.
...
Inflation reached 5.96 percent for the general public
Kathmandu. In the first month of the current fiscal year 2083/84, in July, the annual point consumer inflation of Nepal has reached 5.96 percent. According to the economic and financial situation statistics released by the Nepal Rastra Bank in the...
Unprecedented rise in gold prices, breaking the record so far, increased by 20 thousand per tola in a single day
Kathmandu. The price of gold in the Nepali market has set a new record. According to the Federation of Nepal Gold and Silver Traders, gold tola has increased by 20 thousand five hundred rupees to 339 thousand 300 rupe...



