Stockbrokers who were reluctant to open branches outside the Kathmandu Valley until a few days ago have been rushing to open new branches after the government indicated that commercial banks could be issued brokering licence.
Primary shares worth Rs78.59 billion were listed on the Nepal Stock Exchange (Nepse) in the fiscal year 2017-18 as companies scrambled to raise their capital requirement by issuing rights and bonus shares.
The domestic share market continues to fall today too, thus closing at 1,179 points. According to the Nepal Stock Exchange Limited (NEPSE), the share market fell by 4.82 points on Monday as compared to the previous day.
Nepal Stock Exchange (Nepse) shed 19.92 points to close at 1,198.54 points last week, as investors adopted a wait and watch stance ahead of the money policy set to be released by the Nepal Rastra Bank this week.