SEBON expects extension of trading suspension after nationwide lockdown extended for one week; directs NEPSE to take decision accordingly

As the government announces extension of the nationwide lockdown for a period of one week, the securities market is also expected to follow the footsteps and remain closed till the lock down is lifted.

Since, the pandemic is not contained yet; Securities Exchange Board of Nepal (SEBON) has directed the authorities at Nepal Stock Exchange Limited (NEPSE) to keep the market closed as trading during this situation will boost the spread of the virus.

The board expects NEPSE to take decision after considering all material facts related to the current situation.