PM Balen to Meet Share Market Stakeholders as Stock Market Slump Deepens
Summary
Prime Minister Balendra Shah will meet key capital market stakeholders to address the sharp decline in Nepal's stock market and explore measures to restore investor confidence.
Key Points
- Prime Minister Balendra Shah will hold a high-level meeting with capital market stakeholders to discuss the stock market slump.
- The Nepal Stock Exchange (NEPSE) recently dropped around 380 points, losing nearly Rs 6 Kharba in market capitalization.
- Key figures including SEBON Chairman Gopal Bhatta and NEPSE Chairman Amrit Lamsal will participate in the discussion.
- The meeting aims to identify reforms to improve transparency, stability, and investor confidence in Nepal's securities market.