The Chairman of Nepal Securities Board (SEBON) has stated that no stock market can continuously rise and that investors in Nepal expect the market to always increase, even besieging the board if it falls after reaching high points.
The Nepal Securities Board (SEBON) Chairman mentioned that the stock market can’t always go up. He shared that SEBON is actually working towards a system where investors can still earn returns even when the market falls, not just when it climbs.
While answering questions about SEBON at the Parliament’s Finance Committee, the Chairman noted that investors here get worried when the market drops and are happy when it rises. He pointed out the very high expectation in Nepal that the market should always be on an upward trend.
Investors’ Expectations and Market Reality
The Chairman shared, “When the market falls, everyone gets worried. When the market goes up, everyone is happy. There’s this belief that our market should always be on the rise. Everyone says, ‘The market must rise, it must rise!’ However, if it rises too much, then people start asking later, ‘What are SEBON looking at? It increased unnecessarily like this!’ But the general expectation, especially here in Nepal, is that the market should always keep climbing.”
He continued, “Nobody will be happy even if it hits 3,000 points. Not even 3,500. Not even 5,000. There is no limit to this expectation. But if this is the case, the market cannot always keep growing. As you all know, no index anywhere in the world will just keep on rising. Yet, in Nepal, even if the market reaches 5,000 points and then falls, the Securities Board is going to be besieged. It happened yesterday. It happened even yesterday. I faced it yesterday. I came after facing a siege for the first time in my life.”
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
