Kathmandu, December 12 : Investors continued to stage a sit-in at the office of Nepal Stock Exchange (NEPSE) today, demanding reforms in the domestic stock market.
Nepali Congress leader Ramhari Khatiwada reached the NEPSE to show his solidarity to the protest.
He said that his support was always there for efforts meant to bring about positive change in the share market. He advised the government to take a special initiation to systematize share market remaining as a mirror of nation’s economic status.
Investors continued their protest on the third day, today.
The government has formed a task force under the convenorship of Nepal Rastra Bank’s deputy governor to deal with the issue. The task force has already begun its works.
The taskforce was formed on December 6 and its first meeting was held on December 9. It is scheduled to meet today as well. The task force has a deadline of seven days since its formation to give feedback on the issue to the Finance Ministry. RSS
Institutional investors, including mutual funds and investment companies, are steadily expanding their presence in Nepal’s stock market despite a prolonged decline in share trading at the Nepal Stock...
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