In two years since he assumed office, Finance Minister Yubaraj Khatiwada has maintained a mixed legacy. He was instrumental in making the Investment Summit 2019 successful. The Summit, which was held in Kathmandu in March, 2019 had ended with signing of 15 memorandums of understanding (MoUs) with various investors, in addition to investment commitments to 17 various projects. Khatiwada, when he was the governor of Nepal Rastra Bank, was known for maintaining financial discipline.
KATHMANDU: Sunday's trading lacked any charm as the Nepal Stock Exchange (Nepse) index wavered along the opening level initially and traded slightly in the red in the latter trading hours. The benchmark index dropped around 4 points at mid-session and flattened thereafter. The index closed the day at 1,133.71 points – down 4.03 points against the session earlier.
KATHMANDU: The Nepali stock market lacked conviction in the first half of Sunday's trading as the benchmark Nepal Stock Exchange (Nepse) index remained unchanged. Nonetheless, the stocks witnessed a broad rally later in the afternoon as the index climbed gained 8.59 points to close at 1,190.28 points.