Stock related news & regulations of Nepal Stock Exchange

KATHMANDU, Dec 23: Nepal Stock Exchange (Nepse) is introducing a new feature on its website that allows stock market investors to see 'market depth'.

The new feature will go online from Sunday, according to Nepse General Manager Sitaram Thapaliya.

Market depth refers to a list of buying and selling orders of securities which are organized by price level and updates to reflect real-time market activity. Though such list was already available to investors in other countries, such privilege was limited only to the stock brokers in Nepal.

Once the new feature goes online, investors will not have to depend on the stock brokers to know about the position of buying and selling orders of listed companies in the stock market.

"Investors can visit our website to see the market depth. They can see top five companies in terms of price. This can be helpful to investors as the feature shows not only where the price is now, but where it is likely to be in the near future," said Thapaliya.

"Investors can make informed judgment based on the direction of the market. For example if a company has selling order of 1,000 units of shares and it is getting a buying order only of 100 units. This mean share price is likely to fall and investors can make trading decision accordingly," he added.

Stock brokers also say the new facility will help to boost confidence level of investors. "Investors can also gauge the direction of the market by seeing the market depth. Now, they cannot accuse stock brokers of not give information about actual market position to the investors," Priya Raj Regmi, president of Stock Brokers Association of Nepal (SBAN), said.

Investors are upbeat with the introduction of the new facility. "This is very common in other countries. Here, investors so far were making decision on the basis of market position provided by the stock broker. They can now see information themselves and decide whether to buy or sell," said Raj Kumar Timilsina, president of Nepal Investors Forum -- a lobby group of investors.

Source: Republica

Corporate News

India makes exemption for Nepal, allows some refined palmolein imports

February 12, 2020- India, which restricted imports of refined palm oil and palmolein in January, has exempted Nepal and has started issuing licences to import some refined palmolein from the Himalayan nation, two government officials told Reuters.

Read more ...

HIDCL, Power China to build 762MW Tamor reservoir project

Kathmandu, September 16- The Hydroelectricity Investment and Development Company Ltd (HIDCL) and state-owned Power China Corporation have jointly submitted a project development proposal at the Investment Board Nepal (IBN) to build the 762-megawatt Tamor reservoir project, which will cover Panchthar, Taplejung, Terhathum and Sankhuwasabha districts.

Read more ...

Security audit of BFIs compulsory

Kathmandu, September 10- Nepal Rastra Bank (NRB) has made it mandatory for banks and financial institutions (BFIs) to conduct an audit of their information and technology (IT) system.

Read more ...

Age limit set for CEOs, directors at BFIs

KATHMANDU: Nepal Rastra Bank has set an age bar for board of directors and chief executive officers of banks and financial institutions (BFIS).

Read more ...
Symbol % Change Last Price Turnover
TPC 10.1449 532.0 1,200,368.0
NBB 10.1227 359.0 78,348,179.0
MKJC 10.0209 527.0 10,408,576.0
NIBLPF 10.0000 11.0 251,978.0
NTC 9.9914 1,277.0 164,339,250.0
Symbol % Change Last Price Turnover
VLBS -2.3669 1,650.0 11,812,950.0
SBIBD86 -2.3415 1,001.0 90,350.0
MLBBL -0.9975 1,985.0 2,583,021.0
NLG -0.9524 936.0 6,741,837.0
PBD85 -0.9288 960.0 72,000.0
Symbol % Change Last Price Turnover
MLBL 9.7333 823.0 372,688,498.0
NHPC 8.9412 463.0 304,219,800.0
API 2.7613 521.0 233,673,436.0
LBBL 1.5152 670.0 182,483,005.0
NTC 9.9914 1,277.0 164,339,250.0