Investors Discuss The Capital Market Issues With Former Prime Minister K.P. Oli

A meeting was held this morning at the residence of Ex-Prime Minister K.P Sharma Oli on behalf of the Independent Capital Reform Association to discuss necessary ways to overcome Nepal's current capital market difficulties.

Chairman Sushil Lunia, Patron Upendra Pathak, Deputy Secretary of the association Shirish Acharya, Young investor Saroj Lamichhane briefed the former Finance Minister on the agitation's demands, which included an investor hunger strike since 1st of Asad. 

Deputy Secretary of UML Prithvi Subba and Former president of National Youth Association Bachan Bahadur Singh were also present in the meeting with the Ex-Prime Minister. 

Mr. K.P Sharma Oli has taken the issue seriously and is willing to discuss it with Governor of Nepal Mr. Maha Pd. Adhikari.

The issue of the capital market is really critical if not addressed soon. 

NEPSE index has fallen down almost 1315 points or 41% in the last 10 months. On 18th August, 2021 the index was 3198.67 which went as high as 3227 next day on intra day trading. The market capitalisation has fallen drastically too in this period. It was Rs 44.46 kharba at its highest, which now has come down to Rs 26.87 kharba as of today. It means the investors of capital market of Nepal have lost Rs 17.60 Kharba accumulative in the last 10 months. 

Falling and rising is a part of the market, but the way NEPSE has been falling is really dangerous. The key stakeholders and the market participants must step forward to overcome the issues of the capital market before it is too late to recover.