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Stock Market refrains from setting a date for trade resumption

Written by  Published in Economy Thursday, 07 May 2015 14:21

 

Kathmandu,May 7,(CNS)--At a time when wild guesses are being made about resumption of trading at NEPSE, the stock exchange itself has refused to set a date for reopening of the trading floor.  

Mr Sitaram Thapaliya, the general manager of NEPSE, said no date has been fixed so far for restarting the trading and a meeting of stakeholders has been scheduled for Friday to discuss the matter. 

Mr Thapaliya gave several reasons for the delay in resumption of trading. “The building that houses CDSC has suffered damages and engineers are inspecting the building to see whether it is safe to operate from there,” he said.  

Mr Thapaliya also said that the offices of broker companies and RTS offices have not been able to operate fully as their employees who had left for their home villages after the earthquake have not returned.

 

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