NEPSE to resume normal operations from today

ShareSansar May 24:

Nepal Stock Exchange will resume operations from today. The stock exchange, which had remained closed since the massive earthquake hit the country on April 25 (Baishakh12), will carry on with its usual trading activities from May 24 (today).

Sita Ram Thapaliya, the general manager of NEPSE, said the stock market will function in a normal way like before. “All activities will be conducted in the usual manner. No changes on time and policies related to the trading have been made,” said Thapaliya.

The stock market could not conduct its business for about a month after the earthquake because of the damages to the building that houses CDSC and the offices of broker companies and RTS.

Absence of staff members--who had gone to their home villages or were too scared to work from the offices--was also attributed as a reason for the delay in resuming the operations of share market.