Expert Speaks: What will the market look like in 2072?

Sun, Apr 19, 2015 12:00 AM on Experts Speak,
Niraj Giri Spokesperson, Securities Board of Nepal The market will stay positive and will be on the growth path. If we look at the past, the market hovered around 257 points for a few years, but spiked to above 900 points in 2071. There are several factors that are likely to push NEPSE up in the year 2072. Huge amount of money currently stuck in the IPOs will soon be released into the market. Interestingly, IPOs of hydropower as well as other companies have been attracting a large number of public to the share market, making investors out of them and helping the market to expand. Ncell is preparing to go public in 2072 and the news is already creating a positive fervor among investors. Also, till 2071, market was more centered on banks and financial institutions, but in 2072 other companies will also play major role in driving the market. CDS implementation will also contribute to market growth as trading and settlement will be faster and easier after. In 2072, there is a hope that political situation will also get better. Priya Raj Regmi President, Stock Brokers’ Association Looking ahead, we expect the market to improve a great deal this year. A lot of positive developments have been taking place recently. For example, CDSC has started to work seriously for the full implementation of dematerializing shares of listed companies. This will help ease the way trading is done, thereby, ensuring growth in the volume of transactions. Also, we have been seeing some positive political development that is expected to soothe the anxiety among investors who are likely to invest in the market more openly. Raj Kumar Timilsina Chairman, Investors’ Forum We are hoping that 2072 will be better than 2071 as a lot of events indicate that this year there will be market-friendly environment. Political climate seems to be getting better. There is no dearth of money flowing in the market because of surplus liquidity. Also, progress in CDS implementation is expected to help in the expansion and growth of the share market. Ambika Prasad Poudel Share market expert We had expected 2071 to be a good year for the share market but things did not turn out that way. Both external and internal factors play a role in how the market performs. For example, progress in CDS implementation is an internal factor whereas political situation is an external factor. A positive development in both areas could provide a boost to the market. Likewise, if we have the constitution this year, market will become stable and it is well known that stability spurs growth. It is important to bear in mind that overall growth automatically helps the secondary market to move upward.