NEPSE steps out to Narayangadh

Nepal Stock Exchange Ltd (NEPSE) has ventured into share trading from Narayangadh.

After Pokhara and Biratnagar, the NEPSE expanded its services to the third city-Narayangadh- in its bid to break away from the Kathmandu-based centralised system.

Trishul Securities and Investment Pvt Ltd (broker no. 29) conducted share transaction from Narayangadh on Thursday, according to a press released issued by NEPSE.

Premium Security (broker no. 32) from Pokhara also started share transaction from Thursday.

Nepal Stock House had already conducted share transactions from Pokhara from March 1.

Similarly, Nepal Investment and Securities (broker no. 19) and Pragyan Securities (broker no 10) from Biratnagar had also started transactions. NEPSE is also planning to start share trading through remote work stations (RWS) in three more cities Birgunj, Butwal and Nepalgunj.

The expansion of the secondary market is expected to help expand the capital market too as it will increase the number of investors and market capitalization. nepalnews.com