Nepal Stock Exchange, NEPSE will change how it calculates its stock index. Earlier, the index was based on the weighted average price of trades between 2:45 pm and 3:00 pm. If no trade happened during that time, the last trade price was used as the final price.
Now, following instructions from the Nepal Securities Board, the index will be calculated using the final trade price instead of the weighted average. This change aims to make the index calculation simpler and clearer for investors.
The new method is being technically tested today, Ashoj 5, 2082. Since Ashoj 6 is a public holiday, the change will take effect from the next trading day.
Murahari Parajuli, spokesperson for Nepal Stock Exchange Limited, said that this adjustment will provide a more straightforward way to track market performance and reflect the last trade price directly in the index.
