Stock investors meet regulators

Wed, Apr 18, 2012 12:00 AM on Others, Others,

KATHMANDU, APR 18: 

The capital market regulator, stock exchange and finance secretary held a meeting with agitating investors to discuss possible steps to rescue the market from going further down at finance ministry today. “We have asked investors to come up with a concrete action plan for the regulators, stock exchange and the government to follow, so the market can be prevented from going further down,” said spokesperson for Securities Board of Nepal Niraj Giri. “The concerned bodies can only take action once we know about the expectations of the investors,” he added. Investors have launched a phase-wise agitation from Sunday in order to pressurise the concerned regulators to bring in programmes to push the market up.

Source: THT