Day: December 27, 2023
Himalayan Reinsurance IPO Allotment Concluded: Oversubscribed 1.2 Times with Strong Investor Interest
The allocation of Initial Public Offering (IPO) shares for Himalayan Reinsurance Limited has been finalized at Taj Reception in Baluwatar, Kathmandu. The company had issued 2,49,00,000 units of IPO shares at a price of Rs. 206 per share (Rs. 100 face value + Rs. 106 premium) to the general public from Mangsir 27 to Poush […]
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Prudential Capital Initiates Auction for Promoter Shares in Six Financial Institutions
Prudential Capital Management Company Limited has initiated the auction of promoter shares from six financial institutions, namely Prabhu Bank Limited (PRVU), ICFC Finance Limited (ICFC), Nepal Life Insurance Company Limited (NLIC), Nepal Investment Mega Bank (NIMB), Kumari Bank Limited (KBL), and Prime Commercial Bank Limited (PCBL). The auction, spanning from the 11th Poush to the […]
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Prudential Capital Initiates Auction of Shine Resunga Development Bank Promoter Shares
Prudential Capital Management Company Limited has initiated the auction of 2,04,537 units of promoter shares belonging to Shine Resunga Development Bank Limited (SHINE). The auction commenced on the 11th of Poush, 2080. In this auction, the specified quantity of promoter shares for SHINE is 2,04,537 units, with a minimum bidding rate set at Rs. 120 […]
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NEPSE Ends Suspension on Muktinath Bikas Bank Securities Trading Following Dividend Disclosure Delay
NEPSE, the Nepal Stock Exchange Limited, has decided to end the suspension on the trading of securities for Muktinath Bikas Bank Limited (MNBBL). This follows a temporary pause resulting from MNBBL’s delayed submission of information related to the dividend declaration for the fiscal year 2079/80. In an official statement, NEPSE disclosed that MNBBL failed to […]
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NEPSE Lifts Trading Suspension on Muktinath Bikas Bank: Resumes After Delayed Dividend Information
The Nepal Stock Exchange Limited (NEPSE) has lifted the trading suspension on Muktinath Bikas Bank Limited (MNBBL) securities. The company is set to resume trading activities following a brief halt caused by delayed submission of information related to the dividend declaration for the fiscal year 2079/80. According to an official statement from NEPSE, MNBBL failed […]
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NEPSE Index Faces Setback: Daily Market Recap and Sector Analysis in Nepal
The NEPSE Index in Nepal witnessed a setback, recording a loss of 17.23 points, equivalent to 0.82% from the previous day’s closing, ultimately settling at 2,070.84 points. The index had suffered a notable double-digit decline of 21.03 points in the trading session prior to this. The day commenced with the index opening at 2089.89, experiencing […]
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Nepal Stock Exchange (NEPSE) Faces Decline: Daily Market Overview and Sector Analysis
The Nepal Stock Exchange (NEPSE) Index recorded a decline of 17.23 points or 0.82% compared to the previous day’s closing, concluding at 2,070.84 points. The index had suffered a substantial double-digit loss of 21.03 points in the preceding trading session. The day commenced with the index opening at 2089.89, hitting an intraday low of 2,055.35, […]
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