NEPSE Revises Stock Dealer Guidelines to Enhance Market Liquidity; Loss-Making Stocks Now Tradable
Summary
Nepal Stock Exchange (NEPSE) has revised its stock dealer guidelines allowing trading in equities, government bonds, mutual funds, and debentures, easing restrictions on loss-making stocks and increasing capital requirements to boost market liquidity.
Key Points
- NEPSE amended the Securities Dealer Operation Procedure to improve market liquidity and organization.
- Stock dealers can now trade in government bonds, mutual funds, and debentures besides equities.
- Dealers are permitted to trade in companies with growth potential, even if not profitable, listed for at least six months on NEPSE.
- Minimum paid-up capital for eligible companies raised to Rs. 250 crores; dealers can trade up to 60% of net worth daily.
