Budget 2084/84
Government to Restructure NEPSE, Introduce Intraday and Short Selling
He added that arrangements will be made to allow companies listed on Nepal's securities market to issue Global Depository Receipts, enabling them to be listed on foreign securities markets after completing the prescribed process.
Dipesh Ghimire
1 min read
Kathmandu — To make the capital market more dignified and investment-friendly, the government will enhance the regulator's capacity, build a technology-friendly trading system, and strengthen the investor protection mechanism, Finance Minister Dr. Swarnim Wagle announced through the budget.
Wagle said the restructuring of the Nepal Stock Exchange (NEPSE) will be advanced, with the phased introduction of instruments such as intraday trading, short selling, and derivatives.
The Finance Minister said the government will adopt a zero-tolerance policy against undesirable activities in the capital market, such as share cornering and insider trading.
He added that arrangements will be made to allow companies listed on Nepal's securities market to issue Global Depository Receipts, enabling them to be listed on foreign securities markets after completing the prescribed process.
Written by
Dipesh Ghimire