Ani connect IPS ni chahincha ho, share bechisake pachi paisa transfer garna ko laagi??
Share market ko barema jankari chaina, IPO ma pareko share bechna ko lagi ho, k cha process bataidinu hai.
View on r/NepalStock by naam_chaina
Tag: Broker
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“Federal: First Reinsurance Broker in Nepal to Achieve ISO 9001:2015 Certification”
During an official event at FRBL’s headquarters in Kathmandu on August 27, 2023, Mr. Prakash Poudel, the Country Director of United Registrar of Systems (URS), presented the certification to FRBL’s chairman, Mr. Mahesh Kumar Agrawal. The occasion was attended by FRBL’s Board members, leadership team, staff, and URS Nepal representatives. Mr. Poudel congratulated FRBL for achieving the ISO 9001:2015 certification, highlighting its role in ensuring effective operations, streamlined processes, and customer satisfaction.
Mr. Subarna Paudel, the Managing Director of FRBL, expressed gratitude for the collaborative efforts of FRBL’s management and URS Nepal. He described the ISO 9001:2015 certification as a significant milestone, validating their dedication to excellence and their commitment to providing exceptional reinsurance broker services to clients.
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“Broker 75 Mega Stock Markets Commences Operations”
Mega Stock Markets Limited, identified with broker number 75, has officially commenced its operations on Bhadra 8, 2080. The inaugural event, marked by a formal ceremony, was graced by the presence of key figures including the company’s chairman, Dr. Govinda Nepal, Mr. Ramesh Kumar Hamal, the chairman of SEBON, Mr. Prithivi Bahadur Pande, the chairman of Nepal Investment Mega Bank, and Mr. Krishna Bahadur Karki, the CEO of Nepal Stock Exchange, among others, according to the information provided by the media statement.
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“NEPSE Confirms Seven New Broker Memberships in Second Phase”
Today, the Nepal Stock Exchange (NEPSE) has given its final approval for membership to seven new brokers in the second phase. Murahari Parajuli, the Company Secretary and Information Officer at NEPSE, confirmed the addition of these seven new brokers to the stock exchange.
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Shivam Cements (SHIVM) Price Soars 57.11% in 90 Days; Top Broker Revealed!
Over the past 90 days, the stock price of Shivam Cements Limited (SHIVM) has experienced a remarkable surge. The company’s shares have soared by an impressive 57.11%, indicating a strong boost in investor confidence and signaling positive prospects for the cement industry. Starting at Rs. 394 on April 10, 2023, the closing price of Shivam Cements Limited has steadily risen to Rs. 619 as of July 10, 2023. This substantial increase of Rs. 225 reflects the remarkable growth and value appreciation the company has achieved in a relatively short time.
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“NEPSE Index Sees Significant Decline of 4.72% This Week”
During the past week, the NEPSE (Nepal Stock Exchange) index experienced a significant decline, closing at 2049.38 after a loss of 101.61 points, equivalent to a 4.72% decrease. In comparison, the index had closed at 2,150.99 the previous week, registering a gain of 4.64% from the week before that.
Throughout the week, the index reached its highest point at 2,158.83, but also dipped to its lowest point at 2,033.59, indicating a considerable volatility of 125.24 points. Comparatively, the previous week had witnessed a slightly higher volatility of 147.56 points.
In summary, the NEPSE index experienced a notable downturn during the week, resulting in a significant loss of points. The index displayed fluctuations between its highest and lowest points, demonstrating a level of volatility that was slightly lower than the previous week.
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NEPSE Hands Membership Certificates to Seven New Brokers; Assigns Broker Numbers 61-67
Today, the Nepal Stock Exchange (NEPSE) delivered membership certificates to seven new brokers who recently met the necessary requirements and obtained final approval. The certificates were presented by Manager Lila Dhar Subedi at the NEPSE Office in Bhadrakali. Additionally, the new brokers were assigned operation numbers ranging from 61 to 67.
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NEPSE BOD Meeting Stalls Decision on Seven New Broker Memberships.
The Board of Directors (BOD) meeting of the Nepal Stock Exchange (NEPSE) held this morning was unable to finalize the membership of seven new brokerage companies. The meeting, as confirmed by Company Secretary and Information Officer Murahari Parajuli, did not reach a decision on the discussed agendas.
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NEPSE Faces Volatility and Ends Short Trading Week with a Significant Decrease of 4.74% in Index Value
This week, the Nepal Stock Exchange (NEPSE) had only four trading days as Monday was a holiday due to Republic Day. At the end of the week, the NEPSE index closed at 1,866.34, experiencing a loss of 92.78 points or -4.74%. In the previous week, the index had closed at 1,959.12, showing a gain of 4.36% compared to the week before.
Throughout the week, the NEPSE index reached a high of 1,977.36 and a low of 1,837.43, indicating a volatility of 139.93 points. In the previous week, the volatility was 96.44 points. The largest intraday gain occurred on Tuesday, with an increase of 53.16 points and a turnover of Rs. 2.3 Arba. The total turnover for the week amounted to Rs. 8.95 Arba. In terms of trading volume, more than 2.89 crore unit shares were traded through 155,123 transactions.
The current market capitalization of NEPSE stands at Rs. 2,74,651.40 million, which is equivalent to Rs. 27.24 Kharba. Despite the shortened trading week, the NEPSE experienced fluctuations and ended with a significant decrease in its index value.
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NEPSE Index Records Weekly Loss
The NEPSE Index, the stock market index of Nepal, concluded the week at a level of 1,838.59, representing a loss of 31.14 points or 1.67%. This decrease follows a similar 1.67% decline from the previous week when the index closed at 1,869.73.
Throughout the week, the index displayed volatility, with a high of 1,872.22 and a low of 1,825.83. This indicates a range of 37.68 points, which is slightly lower than the 46.39 points of volatility observed in the previous week.
Analyzing the trend data on daily charts, it is evident that both the short-term and mid-term trends are downward. Each day, the index has been making lower lows, indicating a bearish market sentiment prevailing in the market.
On Tuesday, there was a notable intraday gain of 10.67 points, accompanied by a turnover of Rs 0.77 Arba. However, the total turnover for the week amounted to Rs 3.25 Arba, indicating moderate trading activity.
Overall, the NEPSE Index experienced a downward trend during the week, characterized by volatility and declining values. Investors witnessed a bearish market sentiment with the index consistently making lower lows.
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SEBON issues Letters of Intent to 13 new broker companies who submitted license applications.
The Securities Board of Nepal (SEBON) has initiated the process of granting new licenses for stock brokers and dealers. Following the revision of the Securities Market Operation Regulations 2064 and the Securities Dealers Regulations 2064, SEBON announced a 30-day deadline for accepting applications for new licenses. As a result, 45 companies applied for stock broker licenses and one company applied for a stock dealer license.
Recently, SEBON issued Letters of Intent (LOI) to 13 new broker companies that had applied for licenses. Earlier, at a board of directors meeting, 16 companies had already received LOIs. So far, 29 companies that have applied for broker licenses have received LOIs from SEBON.
Once a new broker company receives a letter of intent from SEBON, it is required to set up its infrastructure according to the board-established standards. Following infrastructure preparation, SEBON will monitor the company to ensure that all requirements are met. If all requirements are met during monitoring, the company will be granted a license.
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NEPSE fell by 0.77%; Naasa Securities is the top buyer and seller broker (Weekly NEPSE Summary With Technical Analysis).
This week’s NEPSE index finished at 1,889.76, a decrease of 14.64 points (0.77%). Last week, the index finished at 1,893.33, down 1.55% from the previous week.
This week, the index reached a high of 1,913.05 and a low of 1875.37, resulting in a volatility of 37.68 points. The prior week’s volatility on the index was 51.52 points.