Day: November 1, 2023

Nepal's OTC Market Witnesses Surge in Trading Activity in Current Fiscal Year 1
Business | Market | Economy

Nepal’s OTC Market Witnesses Surge in Trading Activity in Current Fiscal Year

During the initial quarter of the current fiscal year, Nepal’s stock market saw a notable increase in over-the-counter (OTC) trading activity, registering a turnover of Rs. 1.71 Arba. What sets this OTC market apart is that a significant portion of these traded shares, approximately 36,721,120, belonged to companies not listed on the Nepal Stock Exchange […]

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Gold Price Drops by Rs. 1,000 per Tola in Nepali Market, Silver Also Sees a Decline 3
Gold | Silver | Forex

Gold Price Drops by Rs. 1,000 per Tola in Nepali Market, Silver Also Sees a Decline

The price of gold has seen a significant drop today, declining by Rs. 1,000 per tola. As reported on the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is currently being traded at Rs. 1,15,000 per tola, marking a decrease from the previous day when it stood at Rs. […]

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Multiple Citizens Mutual Funds Report NAV Changes and Financial Updates for Ashwin 5
Business | Market | Economy

Multiple Citizens Mutual Funds Report NAV Changes and Financial Updates for Ashwin

The “Citizens Super 30 Mutual Fund (C30MF),” a closed-end fund with a 10-year maturity, has released its Net Asset Value (NAV) report for the month of Ashwin. The NAV in Ashwin stands at Rs. 10.02, a decrease from Rs. 10.25 a month ago. The fund’s total size is Rs. 75.07 Crores, with investments of Rs. […]

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Lumbini Bikas Bank Promoter Initiates Auction for 37,319 Shares to Existing Shareholders 7
Business | Market | Economy IPO | FPO

Lumbini Bikas Bank Promoter Initiates Auction for 37,319 Shares to Existing Shareholders

The current promoter of Lumbini Bikas Bank Limited (LBBL) is initiating an auction for 37,319 units of shares to be exclusively offered to existing promoter shareholders, starting from today. Manlaxmi Thapa, a promoter of LBBL, is overseeing the sale of these 37,319 units of promoter shares to fellow existing promoter shareholders. Interested individuals are invited […]

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Kathmandu Metropolitan City Sees Significant Revenue Increase, Collects Rs 1.17 Billion in Two Months 9
Business | Market | Economy

Kathmandu Metropolitan City Sees Significant Revenue Increase, Collects Rs 1.17 Billion in Two Months

Over the past two months, the Kathmandu Metropolitan City (KMC) has amassed a revenue of Rs 1.17 billion, marking a significant increase of nearly Rs 230 million compared to the same period in the previous fiscal year. During the corresponding timeframe last year, KMC had collected Rs 934.1 million in revenue. The notable surge in […]

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NEPSE Index Records Modest Loss as Sonapur Minerals Leads Trading Activity 11
SS

NEPSE Index Records Modest Loss as Sonapur Minerals Leads Trading Activity

The Nepal Stock Exchange (NEPSE) Index concluded at 1,858.56 points, registering a slight loss of 5.83 points or 0.31% compared to the previous day’s closing. Notably, the index had experienced a more significant drop of 14.29 points during the last trading session. The day’s trading activities commenced with the index opening at 1,864.19, reaching an […]

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Nabil Equity Fund (NEF) Nearing Maturity with Consistent Dividends for Investors 13
Dividend

Nabil Equity Fund (NEF) Nearing Maturity with Consistent Dividends for Investors

Nabil Equity Fund (NEF), a closed-end mutual fund with a 7-year duration and a total size of Rs. 1.25 Arba, is set to reach its maturity date on the 18th of Kartik, 2080. This fund is managed by Nabil Investment Banking Limited, with Nabil Bank Limited serving as the fund’s sponsor. Notably, the fund has […]

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Daily Discussion Thread (Wednesday - Nov 01, 2023) 15
r/NepalStock

Daily Discussion Thread (Wednesday – Nov 01, 2023)

Use this post to discuss what to buy/sell/trade/avoid/watch today and in the coming days. As always, the rules still apply. **Have a TMS or Meroshare issue? Query about EDIS or collateral? Ask here instead of creating another thread. All queries regarding TMS, MeroShare, Broker issues, EDIS, Settlement and Payments should be asked here.** >!DO NOT […]

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kina ajhai ghatirako stock market? 17
r/NepalStock

kina ajhai ghatirako stock market?

ajhai kati ani kaile samma ghatchaa stock market? View on r/NepalStock by dasman-

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