Nepal Stock Exchange
नेपाल स्टक एक्स्चेन्ज
Nepal Stock Exchange logo.png
TypeStock Exchange
LocationKathmandu, Nepal
Coordinates27°41′53″N 85°19′12″E / 27.698°N 85.32°E / 27.698; 85.32Coordinates: 27°41′53″N 85°19′12″E / 27.698°N 85.32°E / 27.698; 85.32
Founded13 January 1994; 29 years ago (1994-01-13)[1]
OwnerNepal Government (58.66%)
Nepal Rastra Bank (14.60%)
Employees Provident Fund (10%)
Other shareholders (16.74%)
Key people
  • Chakra Bahadur Budha (Chairman)
  • Mr. Krishna Bahadur Karki (CEO)
CurrencyNepalese rupee (NRS)
No. of listings217[2]
Market capरू306,196 crore (US$24 billion)[3]
IndicesNEPSE Index
Websitewww.nepalstock.com.np Edit this at Wikidata

The Nepal Stock Exchange (NEPSE) is the only stock exchange of Nepal. As of February 2023, the market capitalization of the companies listed on NEPSE totaled रू306,196 crore (US$24 billion).[3]

The basic objective of NEPSE is to impart free marketability and liquidity to the government and corporate securities by facilitating transactions in its trading floor through member, market intermediaries, such as broker, market makers etc. As of February 2023, 217 companies are listed on the exchange, which includes commercial banks, hydro-power companies, insurance companies, and finance companies among others.[2] The Exchange has 50 registered brokers as of February 2023.[4]

History

NEPSE opened its trading floor on 13 January 1994.[1]

Ownership structure and board

The current paid-up capital of NEPSE is NPR 500,000,000 (approximately US$4.2 million in October 2020). The following table shows the percentage of shareholdings by the respective shareholders on the capital structure:[1]

S.No Owners Ownership (%)
1 Government of Nepal 58.66
2 Nepal Rastra Bank 14.60
3 Employees Provident Fund[5] 10.00
4 Rastriya Banijya Bank 6.14
5 Laxmi Bank 5.00
6 Prabhu Bank 5.00
7 Others 0.60

Indices

The NEPSE Index is the capitalization-weighted index of all stocks on the Nepal Stock Exchange.[6]: 115  Reflecting the large market capitalization of many Nepalese banks, the index is said to predominantly reflect the banking sector.[6]: 117 

References

  1. ^ a b c "Introduction". NepalStock.com.np. Retrieved 12 February 2023.
  2. ^ a b "Listed Securities". NepalStock.com.np. Nepal Stock Exchange. Retrieved 12 February 2023.
  3. ^ a b "Nepal Stock Exchange". NepalStock.com.np. Nepal Stock Exchange. Retrieved 12 February 2023.
  4. ^ "Brokers' List". NepalStock.com.np. Retrieved 12 February 2023.
  5. ^ "EPF Proposes to Buy All NEPSE Shares to NRB". Eng.Merolagani.com. Retrieved 27 October 2020.
  6. ^ a b Kiran, Chhatkuli (March 2009). "Does the NEPSE Index Represent the Nepalese Stock Market?" (PDF). 名城論叢 [Meijo Ronso]. 9 (4): 115. Retrieved 5 February 2023.

External links

World Federation of Exchanges
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