The Nepal Stock Exchange
The milestones, records, rule changes and shocks that have shaped Nepal's only stock exchange.
The government set up the Securities Exchange Centre to manage public issues, build a market for government bonds and act as a stockbroker.
The Annapurna ExpressThe government established the Securities Board of Nepal (SEBON) as the apex regulator of the securities market. It now regulates the market under the Securities Act, 2006.
Securities Board of NepalThe Securities Exchange Centre became the Nepal Stock Exchange (NEPSE), which opened its trading floor. Trading began on an open outcry system the following month, with the index base set at 100.
The Annapurna ExpressNEPSE replaced open outcry with fully automated, screen-based trading through the NEPSE Automated Trading System, under a government project aided by the Asian Development Bank.
ShareSansarNEPSE set up CDS and Clearing Limited (CDSC) as a central depository, with the aim of dematerialising share certificates.
CDS and Clearing LtdCDSC began dematerialising share certificates in preparation for a full central depository system.
ShareSansarCDSC rolled out the centralised ASBA system and its MeroShare service, letting investors apply for public issues online and promising to cut allotment times from about a month to a few days.
ShareSansarNEPSE launched its online trading system, which lets investors place buy and sell orders over the internet.
The Kathmandu PostNepal Rastra Bank's monetary policy capped share-backed loans at Rs 40 million per person from one institution and Rs 120 million across all institutions. The index fell in the following days.
The Kathmandu PostThe NEPSE index closed at a record 3,198.60, after touching 3,220.33 during the session.
ShareSansarThe index stood at 2,078.71, about 35 per cent below its August 2021 high.
ShareSansarNepal Rastra Bank's monetary policy for 2024/25 removed the Rs 200 million cap on share-backed loans for institutional investors.
Himal PressTrading resumed after a closure of about ten days during the Gen Z protests. Three downward circuit breakers halted the market for the day, with the index down about 6 per cent at 2,511.91.
B360 NepalNepal Rastra Bank lifted the Rs 2.5 billion ceiling on share loans to individuals and eased limits on banks' share trading, following recommendations of a capital market reform task force.
Online Khabar EnglishOn the first trading day after the Rastriya Swatantra Party's election victory, the index rose 6 per cent to 2,875.43 and circuit breakers halted trading by noon.
ShareSansarNepal Rastra Bank's monetary policy for 2026/27 raised the single-borrower limit on share-backed loans from Rs 150 million to Rs 250 million.
ShareSansarThe index closed at 2,599.58, below 2,600 for the first time in about a year.
ShareSansarSEBON published a concept paper on intraday trading and invited comments. It proposes a phased start with a buy-first, sell-later model on selected liquid securities, after pilots.
ShareSansar
How this timeline was made: compiled by The Standard’s desk with AI assistance from the sources linked under each event, and checked against them. Allegations are allegations; an arrest or charge is not a finding of guilt. Spotted an error? Write to [email protected].
Our reporting

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