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Investors Blamed Regulatory Body for Share Market Decline

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Investors Blamed Regulatory Body for Share Market Decline
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August 7: Investors have blamed regulatory body for the recent decline in the share market. They have scrapped the rumor that the change in government has caused the share market decline which was in bullish trend earlier.  According to the officials of Share Investors Association of Nepal, the haphazard remarks made by responsible officials of SEBON on various Media. Previously, the SEBON officials said that the share market will decrease or the present growth is unusual.

NEPSE which had reached the highest point of more than 1800 points with daily record break transactions has been decreasing since past few days. According to the Association, SEBON Chairman had urged the share investors to be aware to invest in share few days earlier. The association has also blamed that the SEBON has discouraged the investors saying NEPSE indicator that reached more than 1800 could fall as low as 600 points amid a program on August 6 in Kathmandu.

“SEBON is trying to discourage the genuinely increasing share market,” said Uttam Aryal, Chairman of Adhoc Committee of Share Investors Association of Nepal. According to him, NEPSE and SEBON are the regulatory bodies and they should solve the irregularities in the field but not discourage the investors.

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