Kathmandu. Nepal Stock Exchange (Nepse) is preparing to re-implement the system of calculating the index on the basis of weighted average price of the last 15 minutes. For this, NEPSE has said that its system is fully prepared.

The 15-minute provision was removed after widespread protests by investors. However, after the Securities Board of Nepal asked to study the possibility of implementing the system of calculating the index by taking the last 15 minutes of trading as the basis , NEPSE is preparing to implement this provision again.

Nepse has informed the board that its system is now fully ready to implement the 15 -minute provision. An official of NEPSE confirmed that a formal letter has also been sent to the board with this information.

Nepse has informed the board that the official can review the arrangement of circuit breaker up to 15 percent along with the arrangement of 15 minutes.

If there is a formal agreement from the board to implement the system, a system of calculating the index based on the average price of weighted of the last 15 minutes will be implemented and the circuit breaker up to 15 percent will also be reviewed.