Peace accord fallout: Nepse posts gain
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KATHMANDU, NOV 03 - The seven-point agreement signed on Tuesday has had a positive impact on the secondary market. The Nepal Stock Exchange (Nepse) responded positively to the deal, with the benchmark index posting a double-digit gain of 16.61 points on Wednesday, the biggest ever single day gain in the current financial year. Economists say it is only natural for a capital market to react to major political changes. "Political changes having a long-term impact on the economy is a worldwide phenomenon," said Rameshwor Khanal, the prime minister's economic advisor.
Posted on: 2011-11-03 08:54
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