Tuesday, August 2, 2022

NIBL to prepare list of 31 companies every day

 Kathmandu, July 29

To support the share market investors to take better investment decisions about the selected compnaies, Nabil Investment Banking Limited is planning to create a list of 31 companies.

The 31 companies will be selected from the group of companies listed at the Nepal Stock Exchange Limited and their shares are being traded on the basis of various fundamental indices and transaction price.

This list is being created targeting the convenience of investment management services and collective investment funds that can be operated in the future and also the customers who are receiving existing investment management services for internal purposes from the merchant bank, it said in a statement on Friday.

It informed that the list of selected companies will be published daily on the website and social media platforms of the company.

The NEPSE index prepared by Nepal Stock Exchange is prepared on the basis of weighted average capital value, while the 31 different companies are selected based on diversification from among the companies of every sector that are listed at the NEPSE and are traded on a daily basis.

In this way, the list will help the investors to conduct a comparative study with NEPSE on the basis of the price index, to study the changes in the price based on the price index, and to compare the shortcomings and characteristics and weaknesses of the weighted capital average. 

 Published in The Rising Nepal daily on 30 July 2022. 

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