Group investors fuel share trade

ShareSansar, Sept 6:

A recent move by traders to pool their money and collectively invest on shares has helped boost trading at Nepal Stock Exchange.

The daily share trade has now risen to more than Rs 15 crore, up from around Rs 10 crore only a few weeks back—largely due such collective investment.

The number of ‘group investors’ has surged over the recent days as the collective investment entails lesser risk on investment and more returns. It also helps the investors to exchange knowledge and information pertaining to share trade.

Analysts say that the trend is positive as the rise in collective investment shows that the share market is getting mature.