Share-price of 51 companies found overvalued; SEBON points irregularities in trading thehimalayantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehimalayantimes.com Daily Mail and Mail on Sunday newspapers.
NEPSE index dives by 75 79 points on first trading day of week thehimalayantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehimalayantimes.com Daily Mail and Mail on Sunday newspapers.
Onlinekhabar
January 26, 2021
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Last week, NEPSE wrapped up the week with its highest closing ever. In the same week, over 1.5 million people applied for the IPO (initial public offer) of Nepal Infrastructure Bank Limited (NIFRA), which was Nepal’s biggest IPO ever. That is not only it, the IPO of Chandragiri Hills Limited saw a similar interest as over 1.1 million people applied for the 100,000 shares.
These recent examples are proof that a lot of people are interested and involved in Nepal’s stock market. While many had believed that stock prices would go down due to Covid-19, ever since the market resumed on May 12, 2020, it has gone from 1,200 to 2,300. Every day, stocks of various companies are circuiting as NEPSE’s index has reached up to 2440 on Monday