Number of stock broker companies reaches 90

Nov 14, 2024 01:03 PM Merolagani



The number of stock broker companies permitted to carry out transaction in the secondary stock market has reached 90.

Eighty-two stock broker companies had permission for stock transactions in the secondary market in the last fiscal year, 2023/24 and eight more companies have been given permission, Nepal Stock Exchange Limited (NEPSE) said. NEPSE said that 90 stock broker member companies have been issued licenses as of October 16 for share transactions.

Similarly, the membership of two companies including Nagarik Stock Dealer Company Limited and Nabil Stock Dealer Limited has been renewed as stock dealers for the current fiscal year, according to NEPSE.

Out of the stock broker companies registered so far, two companies have got permission to carry out full transactions while the remaining 88 for carrying out limited transactions. The companies getting permission for carrying out full transaction are NIMB Stock Markets Limited and Himalayan Securities Limited. (RSS)




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