Kathmandu, January 1:

Nepse did not see any transaction the second consecutive day today, as blame game between investors and central bank continues. According to investors, it will not see transaction on Wednesday as well.

A group of investors have not been allowing any transaction at the Nepse floor protesting against Nepal Rastra Bank’s directive of stopping margin lending.

“Its our message to NRB,” Rana Keshav Pradhan, general secretary of Nepal Investors Forum said explaining why they halted the trading.

The central bank has brought the directive to curb manipulation at the capital market. It is in no mood to revoke its decision. “We want a fair play at the capital market,” said a senior official at the NRB.

There are various measures which could curb manipulation, said Rabindra Bhattarai, a capital market analyst.

Ramesh Kumar Niraoula of Securities Investors’ Association of Nepal, said they held discussions with Securities Board today.

Some investors think that halting transactions could send wrong message that the Nepse was really riding on margin lending.

Though the investors deny that they have stopped anyone from trading, the brokers said they halted trading on investors’ request. “Investors’ requested us not to trade, so we stopped trading,” said one of the brokers, without wanting to be named.