Highly attraction on shares trading of Finance and Development Bank, Why ?

Jul Thu 2022 04:32:49

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Highly attraction on shares trading  of Finance and Development Bank, Why ?

Kathmandu. Investors have seen high interest in the shares of finance companies and development banks. After Nepal Rastra Bank announced its monetary policy, NEPSE is increasing at a high rate. In the growing market, the shares of Finance and Development Bank are among the investors' choices. Although 13 groups of companies are listed in NEPSE, investors are attracted to the shares of Finance and Development Bank.

Compared to companies in other sectors, the demand for shares of finance and development banks is high, while the supply is low. Investors have been attracted because the number of shares of companies in these sectors is less compared to companies in other sectors and the price increases quickly when the market increases.

However, since the number of shares is small, it is said that interest groups can easily manipulate and increase/decrease the price. Even in the rising market, investors have flocked to finance shares in the hope of increasing the price.

Most of the price increases this year are finance companies. The share price of some finance companies is increasing by 10 percent daily, i.e. a positive circuit is also starting.