The proposed ‘NEPSE-30’ index—intended to track 30 top-performing companies on the Nepal Stock Exchange—remains on hold despite earlier preparations. The plan was finalized during the tenure of a previous chairman but stalled before receiving final board approval. The index was designed to strengthen the market by including firms with strong fundamentals, such as book value above par and consistent profitability in at least three of the past five years. The initial list featured eight commercial banks and eight microfinance institutions. Although the methodology was developed and the Securities Board of Nepal was informed, the current leadership has yet to advance its implementation.
Discussion about this post