Speaking at an interaction on "NEPSE index and NEPSE concern" organized by Nepal Stock Exchange (NEPSE) here today, Secretary Baskota said as even a small issue and rumours could have a huge impact on the share market, all those understand the sensitivity of the sector.[break]
The Finance Ministry has given emphasis to the development of the share market, and thereby ready to provide every possible support for upgrading the work efficiency of the securities board.
Chairperson of Securities Board, Dr Surbir Poudel said the investors have hesitated to invest as they have not been able to get the right information about the listed companies.
General Manager of NEPSE, Shanker Man Singh pointed out the need of institutional investment in order to resolve the problem of continuous downfall of the market.
At the program, various investors said the capital dividends should not be taken for some specific timeframe in order to improve the market and suggested that the government should invest in the securities market and remove the provision of showing sources of income while making investment worth above one million rupees.
They also accused the securities board of not showing concern in returning investors the cash still left with companies like Jyoti Spinning Mills and Necon Air, which have already been closed down.
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