Kathmandu, June 15
In today’s House of Representatives meeting, Nepali Congress MP Gagan Kumar Thapa attracted the attention of the regulatory body to the need to maintain the securities market’s stability and investor trust.
Thapa asked that the House explain the present challenges in the stock market, claiming that the stock market’s stability and strength as an indication of the general economy will benefit not just investors but the overall economy as well.
He stated that the stock market should be volatile under normal conditions and that the market should not be destabilized due to policy considerations, regardless of the fact that lack of liquidity is a regular event that impacts the market.
Thapa raised the government’s attention to the efforts that the government and regulators are doing to protect general investors and small investors in the current market.
Congress General Secretary Thapa called stakeholders’ attention to the need to develop measures to protect the stock market, which has been volatile for a long time, and to attract investors.
He questioned the effort done by the Ministry of Finance, Nepal Rastra Bank, and the Securities and Exchange Board to preserve the stock market’s stability, stating that it benefits not just investors but also the broader economy.
He also demanded that the House be kept up to date on the efforts being done to protect small investors. ”On September 13, 2021, the Nepse index reached its greatest position of three thousand 198,” claimed leader Thapa. On the 14th of June, the number was reduced to 1,999.
This has harmed the stock market’s reputation and made it harder for small investors to recover their losses. Due to the collapse of the investment market as a result of volatile policies, an immediate remedy is required.
