Share Laganikarta requests response from authorities regarding the bearish market
Sun, Mar 25, 2018 3:55 PM on Latest, Corporate, Stock Market,
“The only bourse of Nepal, NEPSE, was established with an aim to promote economic development by contributing to alleviate poverty. However with the establishment of new government, the NEPSE index is continuously falling. Even in such condition, the spokesperson from associated bodies stated as Finance Ministry, Nepal Rastra Bank, SEBON and NEPSE haven’t given any response. This has created tension and very hard situation for Share Laganikarta Sangh.” says the press statement.
In the past, the market capitalization of NEPSE had gone up to Rs. 21 kharba, which now on Chaitra 08, 2074 is valued at 14 kharba only. Even with such huge decline, hearing nothing from the authorities has led some general investors to doubt if everything is okay. In the same statement, Share Laganikarta Sangh requested that if the government wants the general investors too to participate in development, they should soon publish plans and opinions regarding the situation.
In the past, the market capitalization of NEPSE had gone up to Rs. 21 kharba, which now on Chaitra 08, 2074 is valued at 14 kharba only. Even with such huge decline, hearing nothing from the authorities has led some general investors to doubt if everything is okay. In the same statement, Share Laganikarta Sangh requested that if the government wants the general investors too to participate in development, they should soon publish plans and opinions regarding the situation.
