Pun said this during an inspection visit to Nepal Stock Exchange (Nepse) on the day. Finance secretary Krishna Hari Baskota and Chairman of Securities Board of Nepal (Sebon) Baburam Shrestha had accompanied Pun to Nepse.[break]
“It´s a matter of great concern that capital market and real estate sector are not showing positive indications even though overall economy is improving. Hence, we are taking necessary initiatives to revive these sectors,” Pun added.
Stating that psychological impact of political developments is very high in the stock market, Pun stressed the need to forge joint efforts from the government, regulatory body, Nepse and stakeholders to revive the capital market.
He also informed that the government was doing homework to increase the threshold of share transaction, introduce online-based stock trading and create nationwide awareness about share investment opportunities.
Speaking on the occasion, Baskota asked the Nepse management to come up with suggestions to attract realty companies into the capital market.
Sebon chief Shrestha expressed commitment to create environment for attracting foreign investment in the country´s stock market.
On the occasion Nepse Chairman Dr Jiba Nath Dhital informed that negotiations were donors for modernizing Nepse were continuing.
Shankar Man Singh, general manager of Nepse, underlined the need to bring foreign institutional investors and expedite privatization of Nepse for the development of capital market.
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