Nepal Stock Exchange (NEPSE) has announced plans to resume secondary market trading from Wednesday, following a week-long suspension caused by the violent Gen Z protests.
The market has remained closed since last Tuesday after widespread unrest inflicted heavy losses on both public and private properties. In a public notice, NEPSE confirmed that stock trading would remain suspended until September 18.
An official at NEPSE said a proposal has been submitted to the Securities Board of Nepal (SEBON) seeking approval to restart operations. SEBON’s board meeting scheduled for Tuesday will decide whether to extend or lift the suspension.
“There is a high chance that the secondary market will reopen from Wednesday, though an official decision is still pending,” a SEBON official said on condition of anonymity.
