Nepal Today

Monday, April 16, 2012

POSITIVE IMPACT ON SHARE MARKET CONTINUES; INDEX GAINS ANOTHER 17 POINTS; BUSINESS CONDUCTED ONLY .FOR 20 MINUTES

UPDATE PARTIES HOLDING TALKS TO FORGE CONSENSUS ON CONSTITUTION AND FORMATION OF NATIONAL GOVT.

Kathmandu, 16 April: Parties in Hattiban Resort are attempting to forge a
common concept on a constitution that has to be promulgated by 27 May, leaders engaged in talks since eight in the morning at the resort Monday said..
But they have to resolve differences on themes for inclusion in a basic law by early Tuesday.
Parties are also discussing a national government to replace the 7-month-old administration of Baburam Bhattarai.
Inter and intra-party talks are being held.
Groups are staging sit-ins in front of the resort to press for an agreement.
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ANOTHER 17 POINT GAIN IN SHARE PRICES

Kathmandu, 16 April: Share market closed Monday after conducting
business only for 20 minutes with continued positive impact on shares with internal political developments.
Share prices gained 17 points Monday as well closing at 354 points..
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