NEPSE Dips Post-Monetary Policy; Investor Confidence Unmoved
Nepal's stock market experienced a significant decline today, failing to gain momentum even after the announcement of the new fiscal year's monetary policy. The NEPSE index dropped by 20.31 points, closing at the 2630 mark, indicating a bearish sentiment among investors. Despite the central bank's policy, the market opened lower and continued its downward trend throughout the trading session. Total share transactions amounted to 663.9 million rupees, with most sectors, excluding trading, registering losses. This immediate market reaction suggests that the monetary policy did not instill the anticipated confidence among share investors, directly impacting their portfolio values negatively.
- NEPSE drops 20.31 points to 2630 post-monetary policy, reflecting wavering investor confidence. #SamacharSanjal #NEPSE #GoldPriceNepal #StockMarketNepal
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Nepal's stock market experienced a significant decline today, failing to gain momentum even after the announcement of the new fiscal year's monetary policy. The NEPSE index dropped by 20.31 points, closing at the 2630 mark, indicating a bearish sentiment among investors. Despite the central bank's policy, the market opened lower and continued its downward trend throughout the trading session. Total share transactions amounted to 663.9 million rupees, with most sectors, excluding trading, registering losses. This immediate market reaction suggests that the monetary policy did not instill the anticipated confidence among share investors, directly impacting their portfolio values negatively.
Source:bizmandu.com
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