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Nepali
stock exchange |
Nepal stock exchange
Official website of the
Nepal stock exchange |
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Financial institutions |
Hama finance
Good deposit
schemes, 1 year fixed
7%, 3 year even 8%
Ace finance company
Gorkha finance
Universal finance
Business Development
Finance Inst.
Nawa Kantipur
Alpic everest finance
Central finance company
Nawa Durga Finance Co
National finance Co.
Annapurna finance
company
Union finance company
Standard Finance Limited
Capital Merchant Banking
& Finance
Everest finance
Ime Financial
institution
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Nepalese Banks |
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News item 28-7-2007 |
With the restoration of
peace and subsequent boost
of investor confidence,
transactions at the stock
market increased by 142
percent to Rs 8.36 billion
in 2006/07, compared to
previous year. According to
a report disseminated by
Nepal stock exchange (NEPSE),
prices of shares of the
listed companies reached Rs
21.74 billion during the
year, which is 8.96 percent
rise over the previous year. NEPSE General Manager Rewat
Bahadur Karki, said that
total market capitalization
of listed companies
increased by 92.53 percent
to Rs 186 billion during the
year. “Change in capital
base requirement for
commercial banks mainly
contributed to remarkable
increase in share prices,”
said Karki. While the change
raised speculations among
investors that banks would
issue rights share in a
grand way, thereby raising
their capital gains, the
absence of credit rating
agency has also made it
easier for misleading the
investors, said he. Karki
said that present rise in
share prices was not founded
on solid ground. Due to the
whopping increment in the
share prices of banks,
financial institutions,
hydropower and development
bank groups, NEPSE index
almost doubled over the
year, says the NEPSE report.
The stock market had opened
at 386.83 points at the
beginning of the fiscal year
2006/07, but by the end of
last year, it finished at
historic high of 683.95
points. However,
transactions of government
bonds were recorded at a
nominal level, with
transaction totaling to mere
Rs 36.4 million. Bonds worth
Rs 9,250 million were listed
in the market for secondary
trading.
More
about increased stock
trading at Nepal Stock
Exchange
Other investment news and
articles:
Creating environment for
foreign investment
(19-4-2007)
improving investment
environment (20-2-2007)
Loans for purchasing
shares on stock market
(17-2-2007)
Narayani Industrial
Development Bank listed
on the Nepal Stock
Exchange
(6-2-2007)
Nepal suffering from
capital flight?
(1-2-2007)
Nepal Stock Exchange
suspends trading of
Nepal Credit and
Commerce Bank
(30-1-2007)
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Easy
money and Nepali finance
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