Securities worth Rs.54.76 billion listed at NEPSE in five months

By A Staff Reporter,Kathmandu, Jan. 15: Securities worth Rs. 54.76 billion were listed at NEPSE during the first five months of the current fiscal year 2023/24. Such securities comprise ordinary shares worth Rs. 44.65 billion, right shares worth Rs. 6.10 billion, bonus shares worth Rs. 3.98 billion and FPO worth Rs. 30.23 million, according to a current macroeconomic and financial report of Nepal Rastra Bank (NRB).

Securities Board of Nepal (SEBON) approved the total public issuance of securities worth Rs. 16.51 billion in the review period which includes ordinary shares worth Rs. 8.51 billion, debentures worth Rs. 4.40 billion, mutual funds worth Rs.2.50 billion, and right shares worth Rs.1.10 billion.

The paid-up value of 7.93 billion shares listed at NEPSE stood Rs. 786.25 billion in mid-December 2023. The share of BFIs and insurance companies in stock market capitalization is 62.3 per cent in mid-December 2023. 

Such a share for hydropower companies is 13.5 per cent, investment companies 7.2 per cent, manufacturing and processing industries 5 per cent, hotels 3.2 per cent, trading companies 0.5 per cent and the shares of other companies is 8.3 per cent, said the report. Number of companies listed at NEPSE reached 267 in mid-December 2023. 

Out of the total listing, 134 are Bank and Financial Institutions (BFIs) and insurance companies, 89 hydropower companies, 21 manufacturing and processing industries, 7 hotels, 7 investment companies, 4 trading companies and 5 others. The number of companies listed at NEPSE was 247 in mid-December 2022.

The NEPSE index stood at 1994.60 in mid-December 2023 compared to 1882.61 in mid-December 2022. 

The stock market capitalization in mid-December 2023 stood Rs. 3076.52 billion compared to Rs. 2721.11 billion in mid-December 2022.