A greater depression?

March 29, 2020 08:51 am

NEW YORK – The shock to the global economy from COVID-19 has been both faster and more severe than the 2008 global financial crisis (GFC) and even the Great Depression. In those two previous episodes, stock markets collapsed by 50 percent or more, credit markets froze up, massive bankruptcies followed, unemployment rates soared above 10 percent, and GDP contracted at an annualized rate of 10 percent or more. But all of this took around three years to play out. In the current crisis, similarly dire macroeconomic and financial outcomes have materialized in three weeks.

RAUTAHAT, March 27: In a bid to ease the smooth supplies of vegetables in the district headquarters, the Rautahat district administration resumed local vegetable markets on Thursday.

KATHMANDU, March 14: Senior government officials have suggested consumers not to hoard products excessively as it affects the supply and distribution in the market.

KATHMANDU: The Nepal Stock Exchange (Nepse) index started with gains in early trading on Sunday. The benchmark index, however, failed to keep up the momentum going and shed 5 points by mid-session. Nonetheless, the index recouped its early losses and ended the day 3.45 points higher at 1,135.47 points on the first trading day of the week.

KATHMANDU: Stocks began Thursday’s session on a positive footing and mostly traded in green in the morning when the benchmark Nepal Stock Exchange (Nepse) index gained more than 3 points. But the market lost its foothold by midday and lost 4.67 points to the close the last trading day of the week at 1,112.79 points.

KATHMANDU: Stocks wavered along the opening level throughout Tuesday's trading hours. The index swung between gains and losses in the afternoon to eventually end the day with a modest decline. At the close, Nepse stood at 1,109.16 points, down 0.91 points against the session earlier.

KATHMANDU: Nepal's stock market remained under pressure throughout the week with investors showing lack of enthusiasm to take buying positions. The Nepal Stock Exchange (Nepse) index registered a modest drop of 4.59 points on Sunday. The benchmark index wavered on Monday, Tuesday and Wednesday with meager declines of 0.24 points, 1.13 points and 1.65 points.

KATHMANDU: The Nepal Stock Exchange (Nepse) witnessed another lackluster trading session on Tuesday. With the index hovering around the opening level throughout the day, it failed to make any notable moves towards either side. Eventually, Nepse index ended Tuesday's trading at 1,129.99 points with a modest drop of 1.14 points.

Nepse begins week in red

November 18, 2019 09:16 am

KATHMANDU: After trading higher briefly in the morning, the Nepal Stock Exchange (Nepse) index fell slightly after mid-day. Subsequently, the index hovered below the opening level for the remaining trading hours. Nepse closed Sunday's trading with a loss of 4.59 points at 1,131.36 points.

KATHMANDU: Stocks largely traded in green throughout Monday's trading session. The Nepal Stock Exchange (Nepse) index rose initially and wavered slightly higher in the first half of Monday's trading. A broad rally, thereafter, pushed the index higher by over 13.77 points or 1.22% to close at 1,145.57 points.

Nepse opens week on flat note

November 11, 2019 10:24 am

KATHMANDU: The market got off to a positive start in the beginning of Sunday's trading. However, the market failed to maintain its level and begin to trade on a flat note. Eventually, the benchmark Nepal Stock Exchange (Nepse) index ended the day with a minor drop of 0.18 points at 1131.80 points.

KATHMANDU: The local equity market remained largely under pressure in the week. On Sunday, the Nepal Stock Exchange (Nepse) index dipped 6.88 points. The selling pressure eased off slightly on Monday with the bourse adding a meager 0.97 points. Tuesday and Wednesday also saw modest moves with losses of 0.81 points and 1.43 points, respectively. The equity index stretched its loss for a third straight day with a 6.05 points decline on Thursday. Eventually, Nepse ended the week at 1,131.97 points – down 14.2 points or 1.24 % against the week earlier.

Nepse inches lower as buyers hold back

November 7, 2019 09:19 am

KATHMANDU: The Nepal Stock Exchange (Nepse) index traded slightly higher in Wednesday morning but quickly surrendered its gains by the first trading hour. Subsequently, Nepse traded the latter trading hours in red, only slightly off its opening level. The bourse closed the session at 1,138.02 points, down modest 1.44 points against Tuesday's close.

Nepse unchanged at 1,140 points

November 6, 2019 10:09 am

KATHMANDU: Local stocks opened Tuesday's trading on a flat note with no notable movement posted by Nepal Stock Exchange (Nepse) index in the first half of the trading session. Despite some fluctuations in the latter half, the benchmark index remained bound within a point on the either side. Eventually, Nepse ended the day with a minor drop of 0.81 points at 1,139.45 points.

Stocks inch lower in thin trading

November 4, 2019 07:50 am

KATHMANDU: Local stocks began week's trading on a feeble footing as the bourse traded in red throughout Sunday's trading session. After trading flat in the morning, the equity market came under some pressure and witnessed a slight decline in the latter trading hours. The index ended the day down 6.88 points at 1,139.29 points.

Nepse posts modest loss

November 1, 2019 08:55 am

KATHMANDU: Stocks wavered along the opening level with the Nepal Stock Exchange (Nepse) index trading flat in the first half of Thursday’s session. The secondary market came under some pressure thereafter and saw a slight decline in the latter trading hours. Eventually, Nepse ended the day slightly down with a loss of 3.17 points to close the week at 1,146.17 points.

KATHMANDU: Stocks traded in green since the beginning of trading on Thursday. The benchmark Nepal Stock Exchange (Nepse) index saw modest gain in the initial trading and continued the momentum till midday. The benchmark index eventually closed the last trading day of the week 6.73 points higher at 1149.34 points.

Broad advance pushes Nepse higher

October 24, 2019 09:56 am

Kathmandu: The Nepal Stock Exchange (Nepse) index climbed over 5 points initially on Wednesday. The index quickly gave up its gains to trade roughly flat around mid-session. However, the exchange witnessed a broad advance in the closing hours leading the index 7.79 points higher. Nepse ended the day at 1,142.60 points.

KATHMANDU: Local stocks saw choppy trading in most of the trading hours on Tuesday. The benchmark Nepal Stock Exchange (Nepse) index remained unchanged in the first half of the trading session. Following a small advance in the closing hours, the benchmark index closed the day with a gain of 2.40 points at 1,134 points.

Nepse edges lower in dull trading

October 21, 2019 08:15 am

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.

Nepse ends week lower

October 19, 2019 09:47 am

KATHMANDU: The Nepal Stock Exchange (Nepse) index broke its 10-week losing run ahead of Dashain holidays with a weekly gain of almost 20 points. Subsequently, the exchange opened only on Thursday in the holiday week where the index ended essentially flat.

KATHMANDU: Local stocks witnessed choppy trading in the last trading session of the week and wavered along the opening level throughout the day. Thursday’s session, hence, was marked by a relatively low volatility with the Nepal Stock Exchange (Nepse) index closing the day with a marginal gain of 0.71 points at 1,137.75 points.

KATHMANDU: Local stocks struggled since the beginning of Wednesday's session and continued to see weakness throughout the day. The Nepal Stock Exchange dropped around three points in the initial trading hour and traded flat in the afternoon. Following a slight dip in the final trading hours, the benchmark index closed the day at 1,137.03 points – down 5.01 points against the preceding session.

KATHMANDU: The Nepal Stock Exchange (Nepse) index struggled in the morning and traded marginally in the red in the initial trading hour. Stocks recovered after mid-day and climbed above the opening level in the afternoon. Stocks wavered in the green, thereafter, eventually closing the day with a gain of 5.08 points at 1,142.04 points.

Stocks flat after 5 day long holiday

October 12, 2019 09:08 am

KATHMANDU: Nepali stocks opened roughly flat after Dashain holidays amid thin trading witnessed on Thursday. Stocks wavered along the opening level in the initial trading hour before trading slightly in the green in the afternoon. Latter trading hours saw the Nepal Stock Exchange (Nepse) index pull back slightly to close the day with a marginal decline of 0.39 points at 1,149.01 points.

Several literary publications of the Nepal Academy are in the wait for a better market. Samakalin (prose-based quarterly), Pragya (half-yearly journal with the review by experts), Journal Of Nepalese Studies (half-yearly English journal), 'Kabita' (a quarterly anthology of poems) and a literary news-based quarterly are being published regularly by the Academy.

KATHMANDU: Stocks traded in the green since the beginning of Tuesday's trading session. The Nepal Stock Exchange (Nepse) index saw modest gain in the initial trading hour and continued to rise till afternoon. The upswing lost steam in the latter half of the trading session. The benchmark index, however, managed to hold on to its earlier gain to close the day at 1,145.69 points.

Nepse opens week in red

September 30, 2019 09:51 am

KATHMANDU: Trading began in the secondary market on an upbeat note on Sunday. The benchmark Nepal Stock Exchange (Nepse), however, gave up its early gains within the first trading hour. It failed to make a comeback and continued to trend in red throughout the trading session, eventually closing the day 4.66 points lower at 1,125.14 points.

BAJURA, Sept 26: Apple farmers of the district are happy this year as they don’t have to worry about the market. Their produce is sold from the farm itself, and they are relieved from incurring losses due to the rotting of apples when they had to wait to find buyers and transport the produce until last year.

Stocks cap wild week with modest loss

September 21, 2019 08:05 am

KATHMANDU: The local stock market saw heavy losses in the beginning of the week. The Nepal Stock Exchange (Nepse) index fell 17.87 points on Sunday followed by a 16.18 point drop on Monday marking a fresh 5-month low. Following the sharp decline, the equity market made a notable rebound mid-week recouping all its early week losses.

Nepse loses 18 points after two-day rally

September 20, 2019 08:50 am

KATHMANDU: The stock market Stock Exchange (Nepse) witnessed correction on Thursday, capping a two-day rally. The Nepal Stock Exchange (Nepse) lost more than 9 points in the first trading hour. Though the benchmark index managed to recover some gains in the mid-session, it couldn’t sustain for long. Eventually, the Nepse index closed 18.12 points lower at 1,155.3 points on the week’s last trading day.

Nepse surges 50 points in two-day rally

September 19, 2019 10:22 am

KATHMANDU: The benchmark Nepal Stock Exchange (Nepse) index, which started Wednesday's session at 1,150.74 points, witnessed a sharp rally in the initial trading hour. The index climbed as high as 1,172 points in the morning but gave up most of its gains by mid-session.

KATHMANDU: After witnessing substantial losses on Sunday and Monday, the equity market made a notable recovery on Tuesday. The Nepal Stock Exchange (Nepse) remained unchanged in the initial trading, but shot up in the afternoon to trade over 28 points higher.

BIRENDRANAGAR, Sept 16: The price of apples in Birendranagar is three-four times higher than in Jumla where the fruits are sourced from.

Nepse extends bear run to seventh day

September 16, 2019 10:19 am

KATHMANDU: Stocks came under significant pressure on the first trading day of the week. Nepal Stock Exchange (Nepse) index witnessed a steady slump in the beginning trading hours and fell below 1,150 points after mid-session. The secondary market gave further ground in the remaining session to close 17.87 points lower at 1,140.01 points on Sunday.

Glimpses of Hatiya market in Khotang

September 14, 2019 14:05 pm

Locals selling vegetables at Hatiya market in Diktel, Khotang.

KATHMANDU: Local equities struggled throughout the week with the biggest loss coming in the first trading session of the review period. The Nepal Stock Exchange (Nepse) index witnessed a loss of 12.61 points on Sunday. The market also saw weakness on the subsequent trading day as the index suffered a loss of 9.55 points on Monday.

KATHMANDU: The secondary market witnessed weakness as the local bourse remained under pressure for most of the trading session on Wednesday. The Nepal Stock Exchange (Nepse) index fell from the very beginning of trading and gave up more than 4 points. Though the benchmark index saw some recovery thereafter, it continued to trade in red and closed the day 3.46 points lower at 1,163.21 points.

KATHMANDU: Market witnessed a slightly volatile session on Tuesday with Nepal Stock Exchange (Nepse) index flipping between gains and losses. After trading flat initially, the benchmark index came under some pressure giving up more than 7 points by midday. Stocks then made a comeback to recoup earlier losses and traded almost 4 points higher late in the afternoon. Nonetheless, a small pullback toward the close saw the index post a marginal loss of 2.24 points to end the day at 1,166.67 points.

Stocks post rough start to the week

September 9, 2019 10:52 am

KATHMANDU: Weakness from the previous week carried over to the first trading day of the week. The Nepal Stock Exchange (Nepse) index witnessed a steady decline throughout Sunday's trading hours.

Nepse ends week in red

September 6, 2019 00:05 am

KATHMANDU: Stocks opened lower and remained under pressure till midday on Thursday. Though the market briefly managed to reverse course in the latter hours, it weakened toward the close. The Nepal Stock Exchange (Nepse) eventually closed the last trading day of the week 3.7 points lower at 1191.07 points.

KATHMANDU: The Nepal Stock Exchange (Nepse) index dropped more than 7 points in the morning session, but staged a recovery after mid-day trimming all its initial losses. Stocks held ground in the afternoon and saw a slight advance toward the close. The benchmark index eventually closed the day 3.87 points higher at 1,194.77 points on Wednesday.

KATHMANDU: After a futile attempt to recoup losses in the initial trading hour, the Nepal Stock Exchange (Nepse) continued to struggle throughout Monday's trading session. Though selling pressure eased a bit at midday, the bourse continued to see losses in the latter trading hours as the Nepse index posted a loss of 14.45 points to end the day at 1,170.34 points.

Semained under pressure throughout the last trading week of August. The benchmark Nepal Stock Exchange (Nepse) index witnessed a loss of 3.44 points on Sunday followed by a decline of 6.49 points on Monday. Though the index recouped some of its losses mid-week as Tuesday saw a gain of 4.87 points, weakness persisted in the latter trading days with the index giving up a combined 11 points on Wednesday and Thursday.

KATHMANDU, Aug 30: After falling below 1,200 points for the first time in this fiscal year in the previous session, the local equity market witnessed a lackluster trading session on Thursday.

Bearish Nepse at 1, 197.75 points

August 29, 2019 07:25 am

The Nepal Stock Exchange (Nepse) index traded in green in the initial trading hour on Wednesday. Nonetheless, the index gave up its earlier gains as stocks remained under constant pressure in the remaining trading hours. The broad slump saw the benchmark index tumble 10.26 points to settle at 1,197.75 points.

Nepse snaps 3-day losing run

August 28, 2019 08:30 am

KATHMANDU, Aug 28: The Nepalese stock market witnessed strength since the beginning of Tuesday's trading hour with the Nepal Stock Exchange (Nepse) index adding almost 9 points in the afternoon.

KATHMANDU, Aug 27: Local stocks continue to tumble as the bourse remained under pressure for most of the trading session on Monday. The Nepal Stock Exchange (Nepse) index fell since the beginning of the initial trading hour to trade briefly below 1,200 points mark in the afternoon.

KATHMANDU, Aug 26: Weakness from the previous week carried over to Sunday's trading as the Nepal Stock Exchange (Nepse) index witnessed a steady decline for most of the session.

Stocks extend August's sell-off

August 24, 2019 02:30 am

KATHMANDU, Aug 23: The local bourse started the week's trading on a frail note as the Nepal Stock Exchange (Nepse) index dipped 9.2 points on Sunday.