Number of Registered Demat Accounts Crosses 50 Lakh in Nepal

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The number of Demat account holders has crossed fifty lakh in Nepal.

According to CDSC data, the number of people who have opened Demat accounts has surpassed fifty lakh. The number of ‘mero share’ users has also dramatically increased.

The number of’mero share’ users has exceeded forty lakh, according to the CDSC. The total number of mutual funds is 36, the total number of DP operators is 81, and the total number of banks registered with C-ASBA is 55.

On the market, Nepal Stock Exchange (Nepse) on Wednesday increased by 11.19 points to close at 1,848.80 points.

Within the first half hour of trading, the market opened at 1,837.60 points, reached the day’s high of 1,862.31 points, and dropped to the low of 1,841.02 points. The daily turnover was only Rs 721.25 million.

Except for mutual funds, the remaining 12 trading categories’ average share prices increased. The sensitive index, which monitors the performance of blue chip businesses, rose 2.01 points as well.

Nabil Bank had the largest share transaction, worth Rs 33.81 million. The greatest gainer of the day was Samling Power Company, while the biggest loser was Wean Nepal Laghubitta Bittiya Sanstha.

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Jenish Shrestha
Truth is important to us at any cost.

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