Kathmandu, December 28
As banks and financial institutions (BFIs) have started providing sufficient amount of loans to share investors, the secondary market has started to turn bullish.
Moreover, investors have said that the government has gradually started addressing the concerns that were mentioned in the 58-point secondary market reform agenda submitted by investors to the authorities.
Radha Pokharel, the chairperson of Nepal Pujibazar Laganikarta Sangh, said investors are now hopeful that the government will take some corrective measured to help the market. “We are optimistic now that the government will fulfil our demands and the market will go through a positive trend.”
According to her, the Finance Committee of the Federal Parliament and the finance minister himself are at the present showing interest to address the issues plaguing the share market. “We hope they will fully address our concerns.”
Meanwhile, there are some investors who have been saying that they are worried about securing their investment in the secondary market.
Against this backdrop, the Nepal Stock Exchange (Nepse) index increased in the review week between December 22 and 26. It went up by 1.54 per cent or 17.11 points. Likewise, the sensitive index also rose by 0.99 per cent or 5.52 points to 254.36 points and float index edged up by 1.05 per cent or 0.90 points to 86.54 points.
Read the full news article on The Himalayan Times.
