Day: November 26, 2023
Kumari Bank Initiates Auction of 91,638 Promoter Shares for Existing Shareholders
The current promoter of Kumari Bank Limited (KBL) has initiated the auction of 91,638 units of shares, inviting interest from existing promoter shareholders starting today. Lila Bahadur Gurung aims to sell this block of promoter shares to fellow existing promoters, and interested parties are encouraged to participate in the auction within the next 35 days […]
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Gold Price Rises by Rs. 600 per Tola, Silver also Witnesses Increase in Nepal’s Market
The price of the precious metal gold has experienced an increase of Rs. 600 per tola compared to the trading price on Friday. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) today, fine gold is valued at Rs. 1,16,900 per tola, while tejabi gold is priced at Rs. 116,350. In […]
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Government Utilizes 10.2% of Development Capital Amidst Sluggish Revenue Collection
As the current fiscal year reaches its midway point with four and a half months passed, the government’s utilization of its development capital remains relatively modest at 10.2%. According to the Financial Comptroller General Office, the government has disbursed Rs 30.27 arba for the ongoing fiscal year, with an additional Rs 3.20 kharba allocated for […]
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US Dollar Reaches Record High Against Nepali Rupee, Impacting Imports and State Loans
The US dollar has recently attained its highest value against the Nepali rupee, reaching a new record of Rs. 133.68 last Wednesday and continuing to rise. The latest statistics from Nepal Rastra Bank on this Sunday indicate a slight increase, with the current rate standing at Rs. 133.70, marking a 2-paisa uptick from the previous […]
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NEPSE Index Surges 2.56%, Marks Highest Level in 1.5 Months with Robust Turnover
The Nepal Stock Exchange (NEPSE) Index demonstrated a substantial gain of 47.75 points, equivalent to 2.56%, compared to the previous day’s closing, reaching a closing figure of 1,907.95 points. The preceding trading day had already seen a gain of 9.87 points for the index. Notably, this marks the highest index level recorded by NEPSE in […]
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Big Bull is getting ready for hillclimb.
Big Bull is getting ready for hillclimb. View on r/NepalStock by tempervisuals
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General annual meeting invitation
I am invited to general annual meeting of shareholders of big company of Nepal. The venue is on one 5 star hotel. Can I take my friend along with me in the meeting? (I couldn’t find the appropriate flare for this post) View on r/NepalStock by Complex-Advocate
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Daily Discussion Thread (Sunday – Nov 26, 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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