DRAMATIC RISE IN STICK PRICES, UML WELCOMES ACCORD

STOCK PRICES SHOOT UP WITH SEVEN-POINT AGREEMENT; UML WELCOMES TUESDAY BREAKTHROUGH

Kathmandu, 2 Nov.: Prices of shares shot up
16.37 points Wednesday following Tuesday’s ‘landmark’
Seven-point agreement between the ruling coalition parties
and two man opposition parties NC and UML to conclude the delayed peace process and constitution drafting.
Trading in the only share market had be repeatedly suspended by circuit breakers with the upswing in stock prices.
UML welcomed the breakthrough agreement calling it ‘historic and
important’.
The support came in a statement issued by party secretary Yubaraj Ghimere.
The party called for the implementation of the agreement.
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