Nepse declines slightly

The Nepal Stock Exchange (Nepse) index has lost 1.15 points this past week.

The Nepse index, which stood at 537.09 points, has come down to 535.94 points. The decline in the Nepse comes after talks were held between officials of Nepal Rastra Bank (NRB) and Nepse to control 'marginal lending' in order to stem artificial increase in share prices.

Some estimates say that marginal lending contributed up to 30 percent in the increase of share prices.

Meanwhile, the price of gold has also decreased marginally this past week. The price of gold has decreased from Rs 17,326 per tola to Rs 17,280 per tola in the last one week. The fluctuation is said to have been caused by changes witnessed in international market. nepalnews.com sd Jan 21 07

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