Nepal Stock Exchange
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]
| नेपाल स्टक एक्स्चेन्ज | |
 | |
| Type | Stock Exchange |
|---|---|
| Location | Kathmandu, Nepal |
| Coordinates | 27.698°N 85.32°E |
| Founded | 13 January 1994[1] |
| Owner | Nepal Government (58.66%) Nepal Rastra Bank (14.60%) Employees Provident Fund (10%) Other shareholders (16.74%) |
| Key people | |
| Currency | Nepalese rupee (NRS) |
| No. of listings | 226[2] |
| Market cap | रू306,196 crore (US$24 billion)[3] |
| Indices | NEPSE Index |
| Website | www |
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 June 2023, 226 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 | 12.6 |
| 3 | Employees Provident Fund[5] | 9.00 |
| 4 | Rastriya Banijya Bank | 6.14 |
| 5 | Laxmi Bank | 2.00 |
| 6 | Prabhu Bank | 3.00 |
| 7 | Others | 10.00 |
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
- "Introduction". NepalStock.com.np. Retrieved 12 February 2023.
- "Listed Securities". NepalStock.com.np. Nepal Stock Exchange. Retrieved 12 February 2023.
- "Nepal Stock Exchange". NepalStock.com.np. Nepal Stock Exchange. Retrieved 12 February 2023.
- "Brokers' List". NepalStock.com.np. Retrieved 12 February 2023.
- "EPF Proposes to Buy All NEPSE Shares to NRB". Eng.Merolagani.com. Retrieved 27 October 2020.
- 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.
