The NEPSE Index Had A Massive Freefall Followed By A Miraculous Recovery. Nepalis Are Coping With Memes
Nepalis have become greatly enamoured with the Nepali share market over the last two years as it saw a new bull phase. Share prices have been skyrocketing throughout this time, with some experts promising an unprecedented NEPSE index of 3500.
All of this came crashing down within a few days last week, as the NEPSE index dropped rapidly. Yesterday, it all came to a head when the market closed with a drop of 108 points in the NEPSE index.
Nepalis had a very typical reaction to this, as some investors blamed the Governor of Nepal Rastra Bank for it and even staged a protest demanding his resignation.
Meanwhile, others went the Nepali route of making memes about it and laughing in despair.
The Initial Despair
Someone Discovered Why They Call It Topi 😂
Investors As Hritik Roshan Roles
If Shaka Laka Boom Boom Was A Highlighter
This Strangely Pertinent Big Fish Allegory
The Eternally Hopeful
Meanwhile In Nepal
Thankfully, crisis seems to have been averted with a seeming hand of god. Today, the NEPSE index saw its very first 3-digit gain in history, with an increase of a massive 161.94 points.
Hopefully, you weren’t one of the panic sellers in yesterday’s landslide. Share your thoughts and feelings in the comments section of the post.