Finance Minister opens up about the falling stock market; Advises the investors to invest wisely
Mon, Mar 26, 2018 7:32 AM on Latest, Featured, External Media, Stock Market,
The newly elected Finance Minister Dr Yubaraj Khatiwada while addressing a programme in Biratnagar has said that any person should not invest in stock just because of peer pressure or because of somebody’s influence.
There had been a lot of controversies regarding Dr. Khatiwada’s view towards the stock market. In the programme he also said that the price of everything in the world fluctuates so there is such a huge roar in the fall in the price of shares. He also clarified in his statements that the Government has let the stock market run in its own and has not interfered in any of the factors of the market.
Further he said that the main reason of the decline in the price of the shares is the increase in supply of shares. Also, he has advised the investors to invest carefully by studying and analysing the companies. Dr. Khatiwada had also hinted that the stock market might go further lower as the hydropower companies and the banks number of shares is bound to increase.
Many investors as well as associations had blamed Dr Khatiwada's previous statement calling the stock market an unproductive sector for the continuous downfall of the market. The effect of the Finance Minister's latest statement is yet to be seen in the market.
There had been a lot of controversies regarding Dr. Khatiwada’s view towards the stock market. In the programme he also said that the price of everything in the world fluctuates so there is such a huge roar in the fall in the price of shares. He also clarified in his statements that the Government has let the stock market run in its own and has not interfered in any of the factors of the market.
Further he said that the main reason of the decline in the price of the shares is the increase in supply of shares. Also, he has advised the investors to invest carefully by studying and analysing the companies. Dr. Khatiwada had also hinted that the stock market might go further lower as the hydropower companies and the banks number of shares is bound to increase.
Many investors as well as associations had blamed Dr Khatiwada's previous statement calling the stock market an unproductive sector for the continuous downfall of the market. The effect of the Finance Minister's latest statement is yet to be seen in the market.
