Kathmandu. The Nepal Stock Exchange (NEPSE) has clarified that the average calculation of the last 15 minutes has been started to prevent manipulation in the stock market.
Nepse has made this clarification while making public the activities of the average calculation of NEPSE at Power Point today. Nepse has made public its opinion with the calculation method after strong criticism and opposition from the investors about the average calculation.
NEPSE claims that this method will prevent manipulation in the market. According to NEPSE, market price transparency will come, unexpected fluctuations in the market will be controlled and global best practices of the stock market will be aligned.
With the approval of the Securities Board of Nepal, NEPSE had implemented the Transaction Operation Bye-laws (Fourth Amendment), 2081 bs from March 1, 2018 to maintain the final transaction price from 2:45 pm to 3:00 pm of market operations. Nepse had clarified that if there is no transaction during the period, the latest transaction price will be fixed as the final transaction price.
Click the NEPSE index below to view the power point prepared by NEPSE to clarify NEPSE.
