Investors Seeking further investigation on yesterday’s trading disruption; file for compensation

With the technological breakdown in online trading system of NEPSE investors are demanding that the concerned personnel responsible for such negligence must be investigated and should be accountable for the deed. Four different union of investors has published the joint press release stating that, one who has introduced weak and incomplete system must compensate to the investors.

All of Sudden the trading on Nepal Stock Exchange got disrupted on March 10, 2019 due to which the investors could not continue the buy/sell of stocks. This has generated trust issues towards the share market.

Investors are claiming that the online trading system of NEPSE is weak and incomplete itself due to which it has been showing numerous of serious problems since past. Despite of all these issues concerned authorized body has remained silent neither any action for improvement has been taken.

Chairman of the Share Laganikarta Sangha – Mr. Uttam Aryal, Treasurer of Nepal Investors Forum – Mr. Anjib Tuladhar, Chairman Share Investor pressure group –Mr. Hari Dhakal and President of Nepal Capital Market Investor Association - Ms. Radha Pokhrel have demanded for investigation and compensation through the joint press release.

The halt of trading has decreased the faith towards the NEPSE on the other hand, investors had to bear financial loss, disruption of mental peace. Investors are also seeking financial compensation for the loss occurred and accountability from the authorized persons for such type of negligence. Hence, joint investors union have appealed Ministry of Finance for the investigation on this matter.