resources » Bussiness & Economic Glimpse

Share transaction goes outside valley

17.Feb.2010   

Investors outside the Kathmandu Valley can now easily buy and sell shares as the Nepal Stock Exchange (NEPSE) is soon coming up with such arrangements.
In a bid to streamline share buying and selling process in districts, Nepal Stock Brokers´ Association (NSBA) has published the names of brokers working outside the Capital.
According to NEPSE, the secondary share market of the country, brokers can make transaction of share in Pokhara, Butwal, Birgunj, Narayangud and Nepalgunj very soon. Till now share transaction is confined within Kathmandu, which has discouraged investors outside the Capital.
NEPSE spokesperson Murari Parajuli said that investors of the five towns can buy and sell share within 15 days. We are working on this on war footing, he said.
The move will attract investors outside Kathmadu into share market, said Nanda Kishor Munda, chairperson of NSBA.
He said they have nearly completed the tasks to set up stock brokers' office.


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