Dhakal demands reduction of circuit breaker in stock market from 15 percent to 10 percent

लगानी न्यूज

२५ आश्विन २०८३, आईतवार १८:४५October 11, 2026

Kathmandu. President of the Stock Brokers Association Sagar Dhakal has demanded that the circuit breaker in the stock market should be reduced from the existing 15 percent to 10 percent. He said that merger of broker companies, development of technology and improvement in regulatory system are necessary to make the capital market more systematic.

President Dhakal said that he wants to make broker companies big and strong institutions through merger. Stating that broker companies want to expand their services according to their capital, he urged everyone to do necessary homework in this regard after the festival. He also informed that the government has formed a committee for this and will give suggestions to the committee accordingly.

TAG_OPEN_div_24Dhakal said that broker companies have now started margin trading. He said that policy reforms are necessary to make investor participation in the capital market and transactions more systematic.

Stating that the Securities Board of Nepal (SEBON) is now capital market-friendly, he said that the role of all stakeholders would be important in market reform.TAG_OPEN_div_22

TAG_OPEN_div_20 He also stressed that technology should be given priority over financial resources while restructuring the Nepal Stock Exchange (NEPSE). He also said that the restructuring of NEPSE is necessary to bring the modern technology being used internationally in Nepal.

Dhakal also urged the government to forward the process of amending the 23-year-old Capital Market Act. He said that if the legal provisions could be amended according to the time, it would help in the development and expansion of the capital market.TAG_OPEN_div_18

He also suggested that the fund should be brought under SEBON as it is currently under the Office of the Registrar of Companies, stating that there is more than TAG_OPEN_div_16 one billion rupees in the Investor Interest Protection Fund. Stating that different directives are received from different bodies related to the capital market, he stressed the need to manage the regulatory directives through a one-door system.

According to Dhakal, it is necessary to pay attention to the arrangement of circuit breaker, structure of broker companies, technology, legal reform and regulatory coordination to modernize the capital market, to make it modern, systematic and competitive.TAG_OPEN_div_14