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Stock market tumbles with recommendation of Parliament dissolution


20 December 2020  

Time taken to read : < 1 Minute


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KATHMANDU: The Cabinet’s recommendation to dissolve Parliament has created a negative impact on the stock market.

The stock market that resumed trading on the first trading day of the week on Sunday fell with signs of the country plunging into political instability.

The Nepal Stock Exchange (NEPSE) index that had increased by 14 points in the pre-opening session, declined by about 90 points after the start of regular trading.

Even though the market has improved somewhat since then, the indicator has taken a negative path again. The index has declined by 50 points in the last two and a half hours.

Publish Date : 20 December 2020 14:21 PM

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