Day: April 22, 2024
Global IME Bank Lists 35.77 Million Bonus Shares on NEPSE
Global IME Bank Limited (GBIME) has made headlines by listing a significant number of bonus shares on the Nepal Stock Exchange (NEPSE). The move follows the bank’s 17th Annual General Meeting (AGM) held on 28th Mangsir, 2080, where shareholders approved a 9% dividend for the fiscal year 2079/80. During the board’s 429th meeting on Kartik […]
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Multipurpose Finance Company Initiates Auction of Promoter Shares
Multipurpose Finance Company Limited (MPFL) has announced an auction of 2,50,971 units of shares, with the existing promoter extending the opportunity exclusively to its shareholder base. The auction, initiated on 10th Baishakh, 2081, invites interested promoter shareholders to participate within a 35-day window from the date of publication of the notice. United Ajod Insurance, a […]
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Karnali Development Bank (KRBL) Reports 66% Growth in Q3 Net Profit Alongside Negative Distributable Profit
Karnali Development Bank Limited (KRBL) has announced its unaudited financial results for the third quarter of fiscal year 2080/81, showcasing a noteworthy upswing in net profit and Earnings Per Share (EPS). In the third quarter of the ongoing fiscal year, KRBL recorded a remarkable net profit of Rs. 2.88 Crores, marking a substantial 66.18% surge […]
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Gold Slips Rs. 1,100 From All Time High to Trade at Rs 138,200 Per Tola Today; Silver Down By Rs. 35
The price of fine gold in Nepal has seen a notable decline, according to the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Pure gold, known as fine gold, is currently trading at Rs. 1,38,200 per tola, marking a decrease of Rs. 1,100 from its previous closing rate. Similarly, Tejabi […]
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NEPSE Index Ends with Modest Gain, Gurkhas Finance Ltd. Tops Turnover
The Nepal Stock Exchange (NEPSE) Index marked a modest gain of 0.62%, adding 12.29 points to settle at 1,984.43 points by the closing bell today, bouncing back from the previous session’s loss of 19.56 points. Commencing at 1,972.92, the trading day displayed fluctuations, hitting an intraday high of 1,984.46 before sliding to an intraday low […]
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Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81
Nepal’s trade dynamics in the initial nine months of fiscal year 2080/81 reveal alarming patterns, raising concerns about the nation’s economic outlook. The trade deficit, representing the variance between imports and exports, has expanded by approximately 2.75 percent during this period, indicating a growing disparity between import costs and export values, posing significant challenges to […]
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AHPC Initiates Auction for Unclaimed Right Shares
Auction for the unclaimed portion of Arun Valley Hydropower Development Company Limited’s (AHPC) right shares commences today, on the 10th of Baisakh, 2081, and will run until the 24th of Baisakh, 2081. A total of 19,92,134 units of ordinary right shares will be up for auction, representing the unclaimed segment of the rights offering. AHPC […]
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AHPC Initiates Auction for Unclaimed Right Shares
Auction for the unclaimed portion of Arun Valley Hydropower Development Company Limited’s (AHPC) right shares commences today, on the 10th of Baisakh, 2081, and will run until the 24th of Baisakh, 2081. A total of 19,92,134 units of ordinary right shares will be up for auction, representing the unclaimed segment of the rights offering. AHPC had issued a 1:1 ratio right share from the 17th of Falgun to the 7th of Chaitra, 2080. Among the total right shares issued, only 1,66,87,492 (89.34%) units were allotted to eligible shareholders, leaving 10.66% unclaimed by eligible investors. Consequently, the same 19,92,134 units of […]
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Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81
Nepal’s trade dynamics in the initial nine months of fiscal year 2080/81 reveal alarming patterns, raising concerns about the nation’s economic outlook. The trade deficit, representing the variance between imports and exports, has expanded by approximately 2.75 percent during this period, indicating a growing disparity between import costs and export values, posing significant challenges to Nepal’s economic stability. Imports Imports in the first nine months of the fiscal year witnessed a noticeable decline of around 2.84 percent, totaling approximately Rs. 11.67 Kharba. In comparison, the corresponding period in the previous year saw imports amounting to goods worth Rs. 12.01 Kharba. […]
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NEPSE Index Ends with Modest Gain, Gurkhas Finance Ltd. Tops Turnover
The Nepal Stock Exchange (NEPSE) Index marked a modest gain of 0.62%, adding 12.29 points to settle at 1,984.43 points by the closing bell today, bouncing back from the previous session’s loss of 19.56 points. Commencing at 1,972.92, the trading day displayed fluctuations, hitting an intraday high of 1,984.46 before sliding to an intraday low of 1,953.29. In a vibrant trading atmosphere, 310 different stocks were traded in 47,117 transactions. The total share volume amounted to 6,393,245, reflecting a total turnover of Rs. 2.25 Arba. Market capitalization wrapped up at Rs. 31.46 Kharba, with a float market capitalization of Rs. […]
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