Skip to content
|Loading...
Share Gyan home
EBook

Investor Protest Forces SEBON to the Negotiating Table

Following a tense protest outside the Securities Board of Nepal (SEBON), Chairman Gopal Prasad Bhatt has invited five representatives of the protesting investors for talks aimed at discussing a concrete rescue plan for Nepal's struggling stock market.

Published By Share Gyan
Investor Protest Forces SEBON to the Negotiating Table

The Securities Board of Nepal (SEBON) has agreed to hold talks with protesting investors after a tense demonstration outside its headquarters on Tuesday morning demanding urgent intervention to stabilize the country's declining stock market. SEBON Chairman Gopal Prasad Bhatt invited five representatives of the protesting group for formal discussions, easing tensions at the protest site. Led by investor activist Tilak Koirala, demonstrators had gathered outside the regulator's office demanding a concrete rescue plan to restore investor confidence and protect billions of rupees invested by the public. Protesters initially attempted to lock the board's office, but police prevented the move, leading to continued slogan chanting. Responding to mounting pressure, Chairman Bhatt expressed his willingness to openly discuss the investors' demands and possible measures the regulator could adopt to revive the capital market. The protesting group is currently selecting its representatives for the meeting, while maintaining that their demonstration will continue until concrete commitments are made. Security remains on high alert outside the SEBON office as investors await the outcome of what is expected to be a crucial discussion for Nepal's capital market.

72 Listed Companies and Mutual Funds Announce Dividends; Unilever Nepal Leads with 1,540%

A total of 72 NEPSE-listed companies and mutual fund schemes have announced dividends for their shareholders and unit holders. Unilever Nepal leads with a 1,540% cash dividend, while Siddhartha Bank, Garima Bikas Bank, and Manjushree Finance top their respective financial sectors.

Pratap Subedi Assumes Office as New NEPSE CEO

Newly appointed Nepal Stock Exchange (NEPSE) Chief Executive Officer (CEO) Pratap Subedi officially assumed office on Friday after taking the oath of office and secrecy before the NEPSE Board of Directors.

NEPSE Edges Up 2.64 Points to Close at 2,655.22 as Turnover Reaches Rs. 3.46 Arba

The Nepal Stock Exchange (NEPSE) posted a marginal recovery of 2.64 points on Thursday, closing at 2,655.22 after declining 12.95 points in the previous session. Total turnover stood at Rs. 3.46 Arba, with Ghorahi Cement leading the turnover chart.

NEPSE Rebounds 6.62 Points After Previous Session’s Sharp Decline

The Nepal Stock Exchange (NEPSE) witnessed a slight recovery on Tuesday, gaining 6.62 points or 0.24% to close at 2,664.13. The market rebounded after declining by 32.65 points in the previous trading session.

NEPSE Plunges 32.65 Points to Close at 2,657.50; Turnover Reaches Rs. 7.18 Arba

The Nepal Stock Exchange (NEPSE) declined by 32.65 points or 1.21% to close at 2,657.50 on Wednesday. Total turnover reached Rs. 7.18 arba, with Ghalemdi Hydro leading the turnover chart and Beni Hydropower emerging as the top gainer.

Ransomware Attack Exposes Major Cybersecurity Weaknesses in Nepal’s Stock Market

A ransomware attack on private data center Data Hub has exposed serious cybersecurity vulnerabilities in Nepal’s capital market, raising concerns over the safety of investors' data and trading systems. The incident revealed the risks of 72 broker companies relying on a single service provider and highlighted concerns over NEPSE's proposed cybersecurity improvements.