What will be the effect of third quarterly report on stock market?

The listed companies at Nepal Stock Exchange Limited are coming out with third quarterly report of the ongoing Fiscal Year. What will be its effect  on the stock market?

Nanda Kishore Mundara

Shree Krishna Securities private Limited (Broker Number 28)

The stock market has its own principles and so do the investors.

The stock market is in bullish trend at present and it will continue to remain in bullish trend. The quarterly reports of the listed companies are coming out good which would further support the market to remain in bullish trend.

IPOs of Banks and Insurance companies won’t be  issued. There are a limited number of insurance and banking companies so the shares of companies belonging to these sectors have good demand in the market. Plus, due to merger and acquisitions the number of Banks and others Financial Institution will decrease the number of listed companies in Banking sector and the merged entity will have a huge capital and good profit. The returns of such companies will also be good which will lead to increment in  demand of the shares of those companies.  I think this factor will also keep the stock market positive.

Rajendra Maharjan

Investor

Third quarterly report of the listed companies will be  better than before and it will push the maket to continue the upward trend.

 Quarterly report of some companies has already been published and they are good. The effect  of it has already been seen in the market. Also the facility of loans against demat shares introduced by Banks will help the market move forward.