KATHMANDU, Feb 11: Nepal Stock Exchange (NEPSE) has given recognition to 110 listed companies to work as stock dealers.
A stock dealer is a firm that can buy and sell securities to work as a market maker to minimize huge fluctuations that can take place in the secondary market.
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110 companies in Nepse’s Class ‘A’ list
In the updated list unveiled by the frontline market regulator, 19 commercial banks and 10 development banks have been permitted to work as stock dealers. Likewise, 22 microfinance companies, 10 life insurers, 11 non-life insurers, six investment companies, 24 hydropower and two companies each from finance, hotels and tourism, manufacturing and others groups are in the list.
