Political reset fails to lift Nepal’s stock market
Summary
Since the Rastriya Swatantra Party-led government took office, Nepal's stock market has declined over 380 points, reflecting weak investor confidence amidst political uncertainty and ongoing investigations.
Key Points
- Nepal's stock market index fell by over 380 points in 106 days since the Rastriya Swatantra Party government took office.
- Investor confidence remains weak due to ongoing investigations and uncertainty over government intentions.
- Government revenue from capital gains tax declined by 37 percent due to a shrinking stock market.
- Despite favorable policies, the market has not recovered as investors remain cautious and active trading has decreased.
