The Impact of Finance Minister Appointments on NEPSE (2018–2025)
Summary
This study analyzes the impact of Finance Minister appointments from 2018 to 2025 on Nepal's stock market index (NEPSE), highlighting varying market reactions influenced by ministers' policies and investor sentiment.
Key Points
- Eight Finance Minister appointments between 2018 and 2025 significantly influenced the NEPSE index with varying short-term market reactions.
- Dr. Yuba Raj Khatiwada's appointment caused the most bearish reaction due to regulatory fears, while Bishnu Prasad Paudel's appointments generally triggered bullish market trends.
- Sectoral responses varied, with Commercial Banking and Hydropower being the most politically sensitive, influencing overall market direction.
- Ministers were categorized by market reaction tendencies: Bull (Bishnu Prasad Paudel), Disciplinarian (Dr. Y.R. Khatiwada), Wildcard (Janardan Sharma/Barsaman Pun), and Safe Anchor (Rameshwor Khanal/Dr. P.S. Mahat).
