Kishor Kumar Agrawal
Former General Secretary at Nepal Chamber of Commerce
Economic Expert at World Bank and other Recognized Institutions
There is very less connection between economic blockade and stock market. There is very less chance of stock market to crash.
Economic blockade has affected the industries, but industries only cover meager part of the stock market, whereas Banks and Financial Institution covers the 80% of the stock Market in Nepal. The economic blockade directly affects the LC function of the bank which is just 2-3% of the bank’s business. There is no any big reason for the stock market to go down for now. If the economic blockade continues for long time and there is economic failure, then the stock market will be affected.
Raj Kumar Timilsina:
Chairman Investor’s Forum
NEPSE index has plunged by 10 points and it is due to economic blockade the Nepal is facing though the impact is more than it should actually be. The overall economy of Nepal is affected and NEPSE is a part of it. The investors are facing psychological fear. At present people are more focused on meeting primary needs than investing in shares.
