Stories Tagged 'High interest rate'
Nepal Stock Exchange (Nepse) last week plunged 26.7 points to close at 1,112.87 points, as the high interest rate continued to affect investors’ confidence at a time when a number of listed companies posted healthy profits in the first half of the current fiscal year.
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Nepal Stock Exchange (Nepse) declined marginally by 2.19 points to close at 1,191.2 points last week, as investors were stung by the high interest rate charged by banks.The average daily turnover amount stood at Rs211.25 million over the period, a fall from Rs291.02 million in the previous week.
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