Kathmandu. The history of the capital market in Nepal has been 9 decades long. In the interval of 90 years, the development of the Nepali capital market has seen a great leap. However, stakeholders say that more efforts are still needed to make it systematic.
Nepal's capital market has made unprecedented strides in the past few decades. The number of investors, which was limited to a few thousand, has now reached more than 8 million. Market capitalization has exceeded nearly 45 trillion rupees, reaching about 70 to 75 percent of the country's Gross Domestic Product (GDP). At the same time, the market is still entangled in excessive speculation, limited financial instruments, weak institutional participation, and policy instability.
Read full story at source ( english.ratopati.com )
