Nepal Rastriya Dainik
May 20, 2024 ,
TRENDINGS
Nine thousand victims of human rights violations in 2023 General committee meeting to make Congress strong and united: Deuba Those who pushed the country to violence are in power: Former President Bhandari Indefinite curfew order in Birgunj Permission for mineral extraction to 156 mining companies in Nepal Finance Minister Mahat’s request to focus on meeting the target of revenue collection

Three-member committee formed to study the new stock exchange

Posted on by नेपाल राष्ट्रिय दैनिक

Kathmandu- The government has formed a three-member committee to study the new stock exchange. The Cabinet meeting held on Tuesday formed a study committee chaired by former Deputy Governor of Nepal Rastra Bank Chintamani Siwakoti.

Government Spokesperson and Minister of Communications and Information Rekha Sharma has informed that a three-member study committee has been formed under the chairmanship of Nepal Rastra Bank’s former Deputy Governor Sivakoti to study the organized sector that operates the securities market.

The committee will have to submit recommendations to the government within 45 days .After the proposal to license the new stock exchange reached the cabinet, the government formed a study committee to study it. The Securities Board has already accepted applications for new stock exchanges.

Three applications have been received for the new stock exchange. Himalayan Stock Exchange, National Stock Exchange and Annapurna Exchange have applied for the new stock exchange.

Three applications received for new stock exchange and four for commodity exchange

Posted on by नेपाल राष्ट्रिय दैनिक

Kathmandu, April 24: The Nepal Securities Board has received three applications for the operation of the new stock exchange market and four applications for opening the commodity exchange market.

According to Sebon, Himalaya Stock Exchange, National Stock Exchange and Annapurna Stock Exchange have applied for the approval of the regulator to start stock exchange business.

Similarly, Nepal Multi Commodity Exchange, Himalayan Commodity and Derivative Exchange, Multi Assets Derivative Exchange and Multi Derivative Exchange are willing to operate the commodity exchange market.

Although the stock exchange will be a parallel institution with the existing Nepal Stock Exchange (NEPSE), the commodity exchange market will be the first and new institution within the country.

A double-digit decline in the stock market

Posted on by नेपाल राष्ट्रिय दैनिक

On the second trading day of the week, today NEPSE decreased by 17.68 and closed down at 2106.15. Similarly, the sensitive index also decreased by 3.44 and stopped at 406.11 points.

Today, 65,27,414 shares of 214 companies were traded, and the total transaction amount reached 2,857,072,961 rupees. In today’s business, all other sub-indices except the Manufacture & production and Mutual funds have decreased. Today, Gurans Microfinance and Himalayan Hydropower managed to trade on a positive circuit level.

Despite the decline in Nepse the transaction amount increased

Posted on by नेपाल राष्ट्रिय दैनिक

The stock market, which started rising on Monday morning, declined by 9.75 points in the last minute and stopped at 2076.67 points.

Despite the decline in Nepse, the transaction amount on Monday has increased as compared to Sunday. A total of 10,981,591 shares of 234 companies were traded with the total turnover of Rs. 4,349,273,593.