Three-member committee formed to study the new stock exchange

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

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.

The stock market continues to fall

On the first trading day of the week, NEPSE drops by 11.46 points and halts at 1926.28.

Similarly, the sensitive index also decreased by 2.10 points and stopped at 374.73 points.
Today, when 25,24,224 shares of 221 companies were traded, the total transaction amount reached 74,72,26,625 rupees. In today’s business, all sub-indices except others have decreased.

A double-digit decline in the stock market

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.

Greenery in the stock market after monetary policy

After the announcement of the monetary policy for the financial year 2079/80, the stock market increased by 61.05 points on Sunday and increased by 54.45 points to 2132.96 on Monday.

NEPSE index increased by 2. 62% While the sensitive index measuring the turnover of ‘A’ class companies has also increased by 9.05 points to 407.38 points.

Along with the NEPSE index, the trading amount has also increased to 4,106,818,941 rupees. All the sub-indices went green with 7 companies trading in a positive circuit while 9,944,048 shares were traded of 214 companies.

Despite the decline in Nepse the transaction amount increased

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.

The stock market continues to decline


The Nepali stock market has declined for the third day in a row after the budget of the Fiscal Year 2079/80. The Nepali stock market has been declining day by day even though it has declined by only a few points as compared to yesterday. The market, which had declined by 35.53 points yesterday, has declined by 7.21 points today and stopped at 2130.71.

Compared to yesterday, the number of shares traded and the total transaction amount has also decreased.While 3,020,067 shares of 227 companies were traded, the share amount has shrunk to 1,078,484,182.

Capital market to be open on friday

The capital market is set to open on Friday after public holidays been added on sunday.

According to the Securities and Exchange Board, the regulatory body of the capital market, the capital market had been closed on Friday and Saturday before this. Even though the government has fixed two days of public holiday, the capital market will remain open for five days as before.

According to Board Chairman Ramesh Hamal, the capital market will be open for five days. Earlier it was closed on Friday and Saturday but now it will be closed on Saturday and Sunday.

Similarly, according to the chairman of the board Hamal, Nepalese in foreign employment will be allowed to fill ordinary share IPO from the next fiscal year. Hamal informed that a certain quota will be allocated for them.

Ramesh Hamal, chairman of the board, said that the report prepared by the government by forming a task force will be implemented after the report is passed by the cabinet.

Share market fell by double digits, turnover above Rs 4.5 billion

The stock market, which had been rising for three consecutive days, fell again on Wednesday. On Wednesday, the Nepse index fell by 30.77 points and closed at 2649.18 points.

Earlier, Nepse had increased by 60 points on Sunday, 32 points on Monday and 63 points on Tuesday. Despite the double-digit decline in Nepse, the transaction amount has increased. On this day, 9,559,429 shares of 236 companies were bought and sold at a price of Rs 4,521,598,583. A total of 91, 10,758 shares of 234 companies were traded at Rs 4.32 billion on Tuesday.

Shares of only one company traded at the circuit level on this day. The share price of Madhya Bhotekoshi Hydropower rose 9.96 percent and was traded at the  circuit level. Similarly, the share price of Chyangdi Hydropower and Tehrathum Power has risen more than 5 percent.

Shares of three companies traded at a positive circuit level on Tuesday, the day before the trading session. Shares of Saptakoshi Development, Shree Investment Finance and Madhya Bhotekoshi Hydropower Company traded at positive circuit level.

Similarly, Shivam Cements topped the list in terms of turnover on Wednesday. Shares of the company worth over Rs. 187 million were traded.

More than 167.4 million shares of Api Power, 143.5 million shares of Upper Tamakoshi, 117 million shares of Arun Valley Hydropower and 106.5 million shares of HIDCL have been bought and sold.

Of the 13 groups that traded on the day, the index of 11 groups declined. Shares of hotels and tourism declined by 2.21 per cent, trade by 1.74 per cent, banking by 1.52 per cent, development banks by 1.71 per cent, non-life insurance by 1.88 per cent and investment by 1.54 per cent. On the same day, the index of 11 groups declined, while that of hydropower increased by 0.49 percent and that othe f finance group increased by 0.1 percent.

Earlier, the index of 11 groups had risen on Tuesday, the day before the trading session.

Nepse index increased by 63.01 points

The Nepse index, which has been rising since Sunday, has also increased by 63.01 points and reached 2,679.95 points. Similarly, the sensitive index has also increased by 15.85 points.

A total of 91,10,758 shares of 234 companies were traded worth Rs 4.32 billion.

Shares of Shree Investment and Finance and Saptakoshi Development Bank traded at 10% circuit price and shares of Madhyabhotekoshi Hydropower Company traded at 9.99% circuit price.