Changing trend on Stock Market
The Corporate, April 23-29, 2012
The present rise in the Market has bolstered the investors' confidence. This could help maintain the growth at least for the next few days. Even in the previous years, months of April and May did use to witness the patterns of growth. But the continuity of the growth is uncertain for there are no institutional investors and important market infrastructures are yet to be fully functional. The present rise in the market however is unquestionable the impact of political developments.
Director and Spokesperson
Securities Board of Nepal (SEBON)
At present, there are a number of positive indications in the entire economy, apart from recent political development and comfortable liquidity position in the financial market. The present rise in Nepse is the cumulative effect of all these trends. It is difficult to predict the future course of Nepse merely on the basis of the trend spanning 2-3 weeks. For truly sustainable growth, tit needs a broad base of positively contributing factors.
Shankar Man Singh
Nepal Stock Exchange