Mero ahile sabai share Siddharth bank ma xa. I want to transfer it to NIC Asia bank , is it possible?
I need to close my Siddhartha account. If yes? What are the procedures
View on r/NepalStock by Mystery2058
Year: 2023
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Share transfer garna milxa from one bank to another?
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NEPSE Index Rebounds with a 0.18% Gain After Previous Session’s Decline
The Nepal Stock Exchange (NEPSE) Index closed with a gain of 3.33 points, equivalent to 0.18%, compared to the previous day’s closing, settling at 1,841.04 points. This follows a loss of 10.10 points recorded in the preceding trading session.
The trading day commenced with the index opening at 1837.24, hitting an intraday low of 1,830.31, and reaching an intraday high of 1,841.80.
Throughout today’s trading, 293 different stocks were exchanged in 34,971 transactions. The volume of shares traded amounted to 3,755,124, leading to a total turnover of Rs. 1.14 Arba. The market capitalization stood at Rs. 28.38 Kharba, with a float market capitalization of Rs. 9.90 Kharba.
Reliable Nepal Life Insurance Limited (RNLI) recorded the highest turnover, reaching Rs. 73.44 crores, and closed at a market price of Rs. 488.10.
Similarly, Global IME Laghubitta Bittiya Sanstha Ltd. (GILB) exhibited the highest gain of 10%, followed by Vijaya Laghubitta Bittiya Sanstha Ltd. (VLBS) with a gain of 8.07%.
Conversely, Singati Hydro Energy Limited (SHEL) faced the highest loss of 9.13% during today’s trading.
Regarding sector indices, 5 sector indices concluded in negative territory, with the Manufacturing and Processing index registering the most significant loss at 0.70%. Meanwhile, the Life Insurance Index recorded the highest gain, increasing by 1.21 percent.
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When will transaction of PLI shares resumes??
It’s been almost 5 months that the transaction of PLI shares has been halted for merger and acquisition. As I have seen other merger acquisition usually lasts for 3 months max, can anyone tell when it’s going to end or at what stage has the merger acquisition reached. Is there any rules that regulates the merger acquisition process and period regulated by SEBON?? It’s been like two quarterly muddati period if it was to be put in muddati.
View on r/NepalStock by squishyorchin
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Daily Discussion Thread (Wednesday – Dec 06, 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 create another post.!<
BEGINNER? [**Go here first!**](https://www.reddit.com/r/NepalStock/wiki/beginners-guide)
ALL OTHER **INDIVIDUAL** POSTS ASKING:
* what to buy or sell,
* or what bank to buy,
* or what insurance to buy,
* yo share kati samma mathi jancha hola
* IPO ma pareko yo share kun din bechda ramro hola, ajhai 1-2 din parkhine ki nai etc.will be deleted. Repeat violators will be banned.
Happy Investing!
View on r/NepalStock by AutoModerator
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Muktinath Krishi Company IPO Allotment Concludes with Overwhelming Response and Significant Oversubscription
The IPO allotment of Muktinath Krishi Company Limited was successfully concluded today at the headquarters of the issue manager, NIMB Ace Capital Limited, located in Kathmandu.
Muktinath Krishi Company Limited had offered 11,48,000 units of IPO shares at a par value of Rs. 100 to the general public from the 8th to the 12th of Mangsir, 2080. Out of the total 14,00,000 units, 10% (1,40,000 units) were allocated to Nepalese citizens working abroad, 3% (42,000 units) were reserved for the company’s employees, and 5% (70,000 units) were set aside for mutual funds. The remaining 11,48,000 units were made available for the general public.
The IPO garnered significant interest, receiving applications from 12,74,567 valid applicants who collectively applied for 1,36,04,910 units. The oversubscription rate exceeded 11.85 times. In the allotment process, 1,14,800 applicants were allotted 10 units each through a lottery system, while the remaining 11,59,767 applicants did not receive any allotment. Mutual funds were allotted 70,000 units, and 42,000 units were allocated to the company’s employees. However, 4,300 applicants who applied for 59,880 units were disqualified.
The IPO result can be accessed through platforms such as CDSC IPO Result, MeroShare, and NIMB Ace Capital Limited.
ICRA Nepal has reaffirmed Muktinath Krishi Company Limited’s issuer rating at [ICRANP-IR] BB-, indicating a moderate risk of default regarding the timely servicing of financial obligations. Muktinath Krishi Company is affiliated with Muktinath Bikash Bank, established in 2075 as the first public agricultural company. The company aims to play a managerial role in the agricultural value chain, contributing to Nepal’s agricultural economy through campaigns like “Krishak sanga Muktinath” and “Upabhoktaa sanga Muktinath.” The company operates in over 70 districts, maintaining more than 200 distribution channels and Agricultural Resource Centers.
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Gold Prices in Nepal Experience a Significant Drop of Rs. 2,400 per Tola
The price of gold has witnessed a notable decrease of Rs. 2,400 per tola today, as reported by the official website of the Federation of Nepal Gold and Silver Dealers’ Association. The current value of fine gold is recorded at Rs. 1,19,200 per tola, representing a decline from its previous day’s stable position at Rs. 1,21,600 per tola. Similarly, Tejabi gold is being traded at Rs. 1,18,650 today, reflecting a decrease of Rs. 2,350 per tola from its yesterday’s rate of Rs. 1,21,000 per tola.
In contrast to the recent decrease, just a day before, on December 4, 2023, fine gold had achieved a historic high of Rs. 1,21,600 per tola, and Tejabi gold had surged to Rs. 1,21,000, setting a record at that time.
Additionally, silver has also seen a decline of Rs. 45 per tola, with the current market rate standing at Rs. 1,500 per tola, compared to its closing rate of Rs. 1,545 per tola the day before.
The global decline in gold prices, currently at $2,031.90 per ounce, has had a significant impact on the domestic bullion market. Simultaneously, silver is being traded at $24.50 per ounce on the international market.
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Prabhu Insurance Initiates Auction of 19,79,424 Promoter Shares of Nepal Reinsurance Company Limited
Prabhu Insurance Limited has initiated an auction for 19,79,424 units of promoter shares belonging to Nepal Reinsurance Company Limited (NRIC). The auction period is set to run from the 19th to the 26th of Mangsir, 2080.
During this auction, the specified 19,79,424 units of promoter shares of Nepal Reinsurance Company Limited will be available for bidding. Interested promoter shareholders or institutions are invited to participate, with a minimum bid rate of Rs. 280. The bidding parameters for promoters’ shares include a minimum bid quantity of 10,00,000 units and a maximum bid quantity of 19,79,424 units.
Prabhu Capital Limited is overseeing the auction process as the auction manager. At the time of this report, Nepal Reinsurance Company Limited (NRIC) has a Last Traded Price (LTP) of Rs. 610.
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NEPSE Index Records a 0.54% Decline Amidst Mixed Performances in Sector Indices
The Nepal Stock Exchange (NEPSE) Index registered a decline of 10.10 points, equivalent to 0.54%, compared to the previous day’s closing, settling at 1,837.71 points. The index had experienced a loss of 3.42 points in the trading session immediately preceding this.
The trading day commenced with the index opening at 1849.01, reaching an intraday low of 1,833.02, and achieving an intraday high of 1,857.35.
Throughout today’s trading activities, 292 different stocks were traded in 38,584 transactions. The volume of shares traded amounted to 4,698,682, resulting in a total turnover of Rs. 1.54 Arba. The market capitalization stood at Rs. 28.33 Kharba, with a float market capitalization of Rs. 9.88 Kharba.
Mountain Energy Nepal Limited (MEN) led in turnover, reaching Rs. 36.29 crores, and closed at a market price of Rs. 434.90.
Similarly, Singati Hydro Energy Limited (SHEL) exhibited the highest gain of 10%, followed by Civil Bank Debenture 2088 (CBLD88) with a gain of 7.36%.
Conversely, Bishal Bazar Company Limited (BBC) experienced the highest loss of 9.53% during today’s trading.
In terms of sector indices, all sector indices, except the “Life Insurance Index,” concluded in negative territory. The Manufacturing and Processing Index recorded the most significant loss at 2.57%. Meanwhile, the Life Insurance Index gained the highest, increasing by 0.16 percent.
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Kumari Bank Initiates Auction of 22,000 Promoter Shares: Exclusive Opportunity for Existing Promoter Shareholders
The current promoter of Kumari Bank Limited (KBL) has initiated the auction of 22,000 units of shares, exclusively available to interested existing promoter shareholders starting today. Nagendra Prasad Bimali aims to sell these units to current promoter shareholders, and interested parties are invited to participate in the auction within 35 days from the publication date of this notice, which is the 19th of Mangsir.
Individuals looking to participate in the auction should submit their bids either at the central office of the bank in Tangal, Kathmandu, or at Kumari Capital Limited located at Naxal, Nagpokhari, Kathmandu. In the absence of bids from existing founder shareholders within the specified timeframe, the shares will subsequently be made available for auction to the general public. As of the last trading day, KBL closed at Rs. 150.40, and KBLPO reported a Last Traded Price (LTP) of Rs. 101.00 as of December 3, 2023.
In a similar auction notice, the existing promoter of Machhapuchchhre Bank Limited (MBL) is auctioning 62,165 units of shares, available exclusively to interested existing promoter shareholders starting today. Indu Kumari Karki intends to sell these units to current promoter shareholders, and interested individuals are encouraged to bid within 7 days from the publication date of this notice, which is the 19th of Mangsir.
Bidders for MBL shares should submit their bids at Machhapuchchhre Capital Limited located at Sundhara, Kathmandu. If there are no bids from existing founder shareholders within the stipulated timeframe, the shares will subsequently be open for auction to the general public. MBL closed at Rs. 184.90 on the last trading day, and MBLPO has an LTP of Rs. 136.00 as of May 10, 2023.
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I just noticed that PLI is missing!!!!
TMS ko DP Watchlist ma PLI dekhaucha but if I want to sell it ” No Securities Found ” vancha. What the problem. aba maile trade nai garna mildaina ho ?
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P.S. Newbie here
View on r/NepalStock by Fit-You-7865
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Daily Discussion Thread (Tuesday – Dec 05, 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 create another post.!<
BEGINNER? [**Go here first!**](https://www.reddit.com/r/NepalStock/wiki/beginners-guide)
ALL OTHER **INDIVIDUAL** POSTS ASKING:
* what to buy or sell,
* or what bank to buy,
* or what insurance to buy,
* yo share kati samma mathi jancha hola
* IPO ma pareko yo share kun din bechda ramro hola, ajhai 1-2 din parkhine ki nai etc.will be deleted. Repeat violators will be banned.
Happy Investing!
View on r/NepalStock by AutoModerator