Himalayan News Service

Kathmandu, March 2:

Nepal stock exchange Ltd is on the verge of automation. The old, traditional system of ‘open outcry’ is to be replaced with modern technologies to speed up and maintain transactions systematically.

Nepal Stock exchange, which has undergone a considerate expansion in terms of stock transactions, has 123 companies listed at it and daily transactions add up to around Rs 10 million. Nepal Stock Exchange’s need for computerisation has been felt with increasing transactions for some years now.