KATHMANDU: The stock market has shown continued declines following the announcement of the government’s 100-point governance reform agenda under Prime Minister Balen Shah, with investors reportedly unsettled by potential regulatory changes.
The Nepal Stock Exchange (NEPSE) index fell 47.71 points on Monday to reach 2,831.39, following a 71.05-point drop on Sunday. Of the companies traded, 237 saw share prices decline, 26 recorded gains, while five remained unchanged.
The government’s reform plan, introduced in its first Cabinet meeting, includes measures ranging from the digitization of asset records to promoting healthy private sector growth. Market participants, particularly in the secondary capital market, appear cautious in response to these governance-focused steps.
The market-wide decline also dragged all sectoral sub-indices into negative territory, reflecting broad investor apprehension amid expected regulatory reforms.
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