Pokhara: Securities Board of Nepal has clarified that the slump in the stock market has to do with the vested interests of a few investors rather than with matters related to change in government.

Speaking at an interaction organised by NIBL Capital Markets in Pokhara today, Board chairperson Rewat Bahadur Karki rued the hands of a few unscrupulous investors in manipulating the stock market during times of important political change and change in the government.

“I’ve worked with three governments so far and am a witness to the unpleasant truth that a few people are into manipulating the market by spreading rumours, which is unfortunate,” he said, stressing on the need of large investors in the market to guarantee its stability.

Meanwhile, investors urged the board to show its concern about the loss investors are bearing.