The Nepal Stock Exchange (NEPSE) has granted approval to 110 listed companies to function as stock dealers in the secondary market.
A stock dealer is a firm authorized to buy and sell securities while acting as a market maker. By actively trading shares, these dealers help maintain liquidity and reduce sharp price fluctuations in the market.
According to the updated list released by the market regulator, the approved companies include 19 commercial banks and 10 development banks. The list also features 22 microfinance institutions, 10 life insurance companies, and 11 non-life insurance companies.
In addition, six investment companies, 24 hydropower companies, and two companies each from the finance, hotels and tourism, manufacturing, and other sectors have been permitted to operate as stock dealers.
