NEPSE Slips by Around 300 Points During Dr. Swarnim Wagle's First 100 Days as Finance Minister
Summary
During Dr. Swarnim Wagle's first 100 days as Finance Minister, Nepal's stock market index NEPSE slipped by around 300 points, indicating investor uncertainty despite a majority government and low interest rates.
Key Points
- Nepal's Rastriya Swatantra Party formed a majority government with Balendra Shah as Prime Minister and Swarnim Wagle as Finance Minister starting March 27, 2026.
- Before the new government's first day, the NEPSE Index was at 2,950.16 points.
- Within 100 days of Dr. Swarnim Wagle's tenure, NEPSE declined sharply by 298.48 points, a 10.12% drop to 2,651.68.
- Investors remain cautious, awaiting stronger economic policies and structural reforms to regain confidence in Nepal's stock market.
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