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Monday, November 10, 2008
Nepse Sliding down.
The blow of global financial crisis is gradually burning the capital market back home. The unprecedented or we can say unnecessary slump signifies the investor's waning confidence towards the equity market. In order to prevent their investments from piling up some additional losses, the bewilder investors are dumping their shares hence bolstering the supply pressure and turning the demand into crouch. Unpredictable and stiff government policies popping up in turn not favoring various investment sectors have eroded the investors' enthusiasm towards the lucrative sectors. The relentless downturn right from the beginning of the trading hours has shed down the benchmark by 21.78 points or 2.62% to close at 810.81. But, those with heavy cash and buys stocks while the market slides down are those who will be earning the highest later.
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1 comment:
Its all because of the ever changing policies of our government who are just totally illiterate.
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