RSSThe Nepal Stock Exchange is declining after a terrible boom in the past couple of months. As the stock market had already witnessed the index cross the 1000 mark, the current index is at 803.69. Most of the companies which lost momentum in the current share transactions include development banks, commercial banks, hotels group and hydro power companies. The financial institutions are the only groups which have gained profit despite the downfall in the NEPSE index.
The fall probably started when a group of investors forcefully halted the transaction on protest against the National Rastra Banks move of not letting marginal lending. Some days later after the announce had been made the decision had to be taken back.
The fall probably started when a group of investors forcefully halted the transaction on protest against the National Rastra Banks move of not letting marginal lending. Some days later after the announce had been made the decision had to be taken back.
1 comments:
The Nepalese Share Market is very vulnurable. The investor thinks(mainly new commers and malinformed) that to invest in sharemarket is like investing in land or property it will definately rise, instead of comparing and contrasting the bonus given and profit shared by listed companies thy run in whim of market. If some international mafia got hint about it in this periphery the neplese market surely rise for some month and when they (mafia) thinks it is right time to quit the market will fall like a paper building falls in light breeze no hope to rise. Government must check this condition.
Post a Comment