Kathmandu, Nepal: Share market of Nepal has made a history on Thursday, the last trading of the week, by plunging on to all-time low.
The share market that has been witnessing free-fall since formation of the leftist government fell 10.63 points to close at 1,220.44 points on Thursday.
According to the Nepal Stock Exchange, the regulatory body of the share market in Nepal, total of 1. 077 million units of shares of 158 companies worth Rs 438. 256 million were traded on Thursday.
The investors in the share market seem to have depressed not only from the downfall of the prices but also from the apathy shown by the incumbent CPN UML Chairman KP Sharma Oli led government.
The investors had a high expectation that their investment would be secured after receiving the stable government in the country. But the price of the share market has fall down about fifty percent since the formation of the leftist government.
It is being predicted that the reason behind the downfall in the share market would be a reason that the investors had no belief to the communists.