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Stock market collapses, government doesn’t trust

nabil bank

Kathmandu. Investors who were expecting a new momentum in the stock market after the formation of the government with two-thirds majority are disappointed today. The market fell on the first trading day after the formation of the new government.

The market was red on Sunday. The market, which had been declining since the beginning of trading, remained unchanged till the last moment. The index that measures the market decreased by 71.05 points to sit at 2879.11 points.

A total of 3,52,48,397 units of shares worth Rs 15.03 billion were traded in 333 companies.

The sub-indices of all the groups were in the red.

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