Dharan, Dec 6, 2013
ABC Securities has started trading from Dharan, a financial hub for the large parts of eastern hilly districts of the country. ABC Securities Nepal Private Limited (Broker No. 17) is a brokerage firm registered with Nepal Stock Exchange Limited (NEPSE).
Issuing a statement yesterday, the company informed that Remote Work Station (RWS) in Dharan, which was inaugurated by NEPSE Deputy General Manager Sambhu Pant yesterday, saw a trading of 19,905 unit shares through 57 transactions worth over Rs 1.39 crore on the first day itself.
With the establishment of the RWS, the investors of Dharan and surrounding areas can easily trade in Nepali equity while it will also help boost the market depth by giving access to new investors.
ABC Securities has started trading from Dharan, a financial hub for the large parts of eastern hilly districts of the country. ABC Securities Nepal Private Limited (Broker No. 17) is a brokerage firm registered with Nepal Stock Exchange Limited (NEPSE).
Issuing a statement yesterday, the company informed that Remote Work Station (RWS) in Dharan, which was inaugurated by NEPSE Deputy General Manager Sambhu Pant yesterday, saw a trading of 19,905 unit shares through 57 transactions worth over Rs 1.39 crore on the first day itself.
With the establishment of the RWS, the investors of Dharan and surrounding areas can easily trade in Nepali equity while it will also help boost the market depth by giving access to new investors.
It may be noted here that the investors in Dharan and the surrounding areas had requested NEPSE officials to provide a RWS in Dharan during the last investor awareness campaign organized by SEBON last year.
Investors have highly appreciated NEPSE's effort in establishing RWS in Dharan and traded heavily in the first day of trading in their home city with a trading volume of more than 13.9 million rupees.
Also, yesterday NEPSE and Sunsari Chamber of Commerce and Industry jointly organized an interaction program as per their investor awareness campaign in Dharan.
Investors and bankers participated in the program. Investors had a lot of queries regarding settlement and clearing durations of NEPSE and requested for simplification of Signature Verification where the process is centralized in Kathmandu Valley only.
They also requested NEPSE to ask the listed companies to provide application forms for Auction shares and also to send dividends and bonus shares directly to shareholders' addresses through courier.
Source: Sharesansar
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