Investors have urged NEPSE to remove the weighted average price system applied during the last 15 minutes of trading. Active capital market investor Aditya Paudyal formally submitted a request to NEPSE on Shrawan 30, asking for this provision to be scrapped.
He said the rule is unscientific and has negatively affected both the development and stability of the stock market. According to him, NEPSE’s decision has created a “black day” for all 6.9 million investors, since no such rule exists in any other country. He argued that the market itself should determine prices, not an imposed rule.
Paudyal questioned whether the full 3 hours and 45 minutes of daily trading become meaningless when only the last 15 minutes decide the average price. He warned that large trades during this period can easily distort stock prices, which then affects the index and investor psychology.
He also noted that technical chart analysis is disrupted because of this rule, making research less reliable. Furthermore, trades involving large chunks of shares from small-cap companies have shaken the market, further worsening investor sentiment.
