What impact will constitution have in Stock Market?
Thu, Sep 24, 2015 12:26 PM on Experts Speak,
Niraj Giri
Spokesperson, Securities Board of Nepal (SEBON)
In my opinion, constitution will be positive for stock market. Balance sheets of companies being traded in NEPSE are already published and capital plan brought out by NRB seems to be positive for the market.
Our market is a speculative market. For short term it will be very positive for the stock market, whereas for long term it depends on the scenario after the constitution is released.
Upendra Poudyal
President, Nepal Bankers Association (NBA)
CEO, NMB Bank Limited
The impact of the constitution will be positive. Political stability is a prerequisite for any kind of development. Nepalese have been desperately waiting for the constitution. Political stability would boost economic activity and businesses would flourish which would construct a positive scenario for the stock market. Though implementation part and problem resolution part is really important.
Raj Kumar Timilsina
Chairman, Investors’ Forum
Everyone has been desperately waiting for the constitution. As constitution is promulgated, everything will be positive. Constitution will really be positive for economic prosperity. There is a very good chance for the growth of capital market after the promulgation of constitution. The future of capital market for 3 years is very bright.
Krishna Prashad Sharma
CEO,Rastriya Banijya Bank Limited
As constitution has been promulgated which will lead to political stability. I believe now the political era is over and economic era has begun. This will lead to an increment in investment. People will feel secure to make an investment. Foreign investment will also come. These things will be optimistic for the stock market but there are certain things that still needs to be resolved still.
Priya Raj Regmi
President, Stock Brokers’ Association
Promulgation of the constitution will be very optimistic for the stock market. In short term, profit booking will be done by investors where as in long term everything will be normal.
Sambhu Panta
Spokesperson, NEPSE (Nepal Stock Exchange Limited)
Constitution promulgation will lead to a stable government. If we have policies friendly to the stock market, then it would be very optimistic for the stock market. In overall if Nepal Stock Exchange goes online and has strategic partner, then stock market will take a big leap.