AIRLINK 199.65 Increased By ▲ 1.68 (0.85%)
BOP 9.97 Decreased By ▼ -0.07 (-0.7%)
CNERGY 7.57 Increased By ▲ 0.28 (3.84%)
FCCL 39.25 Increased By ▲ 3.25 (9.03%)
FFL 16.84 Decreased By ▼ -0.07 (-0.41%)
FLYNG 27.54 Increased By ▲ 2.50 (9.98%)
HUBC 135.50 Increased By ▲ 1.47 (1.1%)
HUMNL 14.30 Increased By ▲ 0.16 (1.13%)
KEL 4.78 No Change ▼ 0.00 (0%)
KOSM 6.80 Decreased By ▼ -0.14 (-2.02%)
MLCF 46.65 Increased By ▲ 1.67 (3.71%)
OGDC 217.27 Decreased By ▼ -0.96 (-0.44%)
PACE 7.00 Increased By ▲ 0.06 (0.86%)
PAEL 41.51 Increased By ▲ 0.09 (0.22%)
PIAHCLA 17.04 Increased By ▲ 0.18 (1.07%)
PIBTL 8.56 Increased By ▲ 0.10 (1.18%)
POWER 9.76 Increased By ▲ 0.37 (3.94%)
PPL 183.75 Decreased By ▼ -2.18 (-1.17%)
PRL 42.44 Increased By ▲ 1.17 (2.83%)
PTC 25.07 Increased By ▲ 0.30 (1.21%)
SEARL 105.10 Increased By ▲ 0.45 (0.43%)
SILK 1.01 No Change ▼ 0.00 (0%)
SSGC 40.60 Decreased By ▼ -0.31 (-0.76%)
SYM 17.85 Decreased By ▼ -0.20 (-1.11%)
TELE 8.90 Decreased By ▼ -0.01 (-0.11%)
TPLP 13.01 Increased By ▲ 0.17 (1.32%)
TRG 66.73 Increased By ▲ 0.13 (0.2%)
WAVESAPP 11.35 Increased By ▲ 0.05 (0.44%)
WTL 1.77 Decreased By ▼ -0.01 (-0.56%)
YOUW 4.00 No Change ▼ 0.00 (0%)
BR100 12,144 Increased By 34.3 (0.28%)
BR30 36,871 Increased By 273.3 (0.75%)
KSE100 115,177 Increased By 135.2 (0.12%)
KSE30 36,211 Increased By 11.1 (0.03%)

Nepal's parliament elected a Maoist leader as prime minister on Sunday after weeks of failure by lawmakers to form a national unity government that has threatened a fragile peace process in the nascent Himalayan republic.
The election of Baburam Bhattarai, a senior leader of the former rebels who waged an armed insurgency against the now-toppled monarchy, follows two years of turmoil in South Asia's poorest nation where Asian superpowers China and India jostle for influence.
Bhattarai faces the twin challenge of integrating and rehabilitating more than 19,000 former guerrillas and must oversee preparation of the first republican constitution, two major conditions of a 2006 peace deal which ended a decade-long civil war that killed 16,000 people.
"Completing the peace process and preparing the new constitution are my priorities. Number three is providing relief to the people," Bhattarai said after his election, his faced smeared with vermilion and marigold garlands around his neck.
His appointment is seen easing a political impasse in Nepal, which has struggled through two years of stalemate since the former rebels quit the government in a conflict with the president over the control of the national army.

Copyright Reuters, 2011

Comments

Comments are closed.