Capital Market Expert Mukti Aryal Discusses Stock Market Volatility and Policy Reforms
Summary
Capital market expert Mukti Aryal says Nepal’s stock market remains volatile because of weak, reactive policies and a manipulative market structure. He argues that SEBON and the government need gradual, impartial reforms, better regulation, and broader market development instead of short-term fixes.
Key Points
- Mukti Aryal says NEPSE’s repeated ups and downs reflect structural problems, weak policies, and market manipulation rather than normal daily movement alone.
- He criticizes the Securities Board of Nepal for introducing and quickly revising rules without enough research or consultation, causing confusion for investors and entrepreneurs.
- Aryal argues that capital market reforms should be gradual, impartial, and focused on creating a fair environment for investment and capital formation.
- He says Nepal’s capital market is still small relative to GDP, but has significant room to expand if policy and regulation improve.
