Negative impact witnessed in nepse after Maoist pull out of government
Tue, Jul 12, 2016 1:58 PM on Latest, Featured, External Media, Stock Market,
Major coalition partner CPN (Maoist Center) has pulled out of the CPN-UML led government. The result of this has been noticed in Nepal Stock Exchange Limited. The news have a negative impact in the secondary market.
The benchmark index at Nepal Stock Exchange went down by 44.14 points or 2.59% and it is at 1658.13 points. Except Other sector, all the sector at Nepse is being traded in red.
(Major coalition partner CPN (Maoist Center) has pulled out of the CPN-UML led government.
Nepali Congress leader Ramesh Lekhak told Setopati that CPN (Maoist Center) had informed his party about the decision to withdraw its support to the government.
Lekhak was present in the meeting of the major leaders of the two parties along with NC President Sher Bahadur Deuba and Bimalendra Nidhi.
While Maoist leader Krishna Bahadur Mahara declined to give any details, he said that his party’s decision was soon due.
Likewise, another Maoist leader Mani Thapa said that UML-Maoist coalition had already broken.)
Source: setopati