August 25: Stock market trading in Nepal has taken a positive direction in recent days due to online transaction for stock trading. The value of stocks in the capital market is growing up despite other businesses being shut down amid coronavirus crisis.

Nepal Stock Exchange (NEPSE) on Monday, August 24, recorded share transaction of more than Rs 2.13 billion. Amidst the growing fear of fall in trading activity due to Covid-19, the NEPSE index rose by 21.26 points on Monday.

Investors inform that industries and businesses are closed due to Covid-19 and there are no other investment options. This has led to the growth of stock trading.

Tilak Koirala, chairman of the Share Investors Pressure Group, inform that the market has gained momentum despite the lockdown, as the online system has made it convenient to invest in stock trading from home.

According to NEPSE, more than 90 percent of the shares have been bought and sold through the online trading system in recent time. It also informed that the number of investors registering in online system has increased. The traders logging for usernames and passwords is increasing making them active in stock trading as there are no other options for investing from home.

Chandra Singh Saud, chief executive officer of NEPSE, informed that stock trading has become easy and effective because of access to online transactions. Saud said that 83 percent of Monday's transactions were done online.