Day: May 3, 2024
NEPSE Weekly Market Overview: Gains Amid Volatility
NEPSE witnessed a dynamic week of trading, encompassing four active trading days due to a midweek public holiday. The NEPSE Index concluded the week at 1,998.96, marking a notable gain of 33.03 points (1.68%) from the previous week’s close of 1,965.93, which experienced a slight decline of 0.31%. Throughout the week, the market exhibited considerable […]
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Sun Nepal Life Insurance Announces Right Shares Issue
Sun Nepal Life Insurance Company Limited has revealed its plan to issue right shares at a ratio of 1:0.27, totaling 1,06,96,320 units, priced at Rs. 100 each. Nepal SBI Merchant Banking Limited, a subsidiary of Nepal SBI Bank Limited, has been entrusted with the responsibility of managing the issuance and sale process. The agreement formalizing […]
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Siddhartha Premier Insurance Surges: Q3 Financial Results Revealed
Siddhartha Premier Insurance Limited (SPIL) has unveiled its third-quarter financial results for the fiscal year 2080/2081, showcasing a remarkable surge in net profit. The company’s net profit soared by 109.65% to Rs. 59.71 crores from Rs. 28.48 crores in the corresponding quarter of the previous fiscal year. With a paid-up capital of Rs. 1.4 Arba […]
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Gold Prices Dip: Latest Update from FENEGOSIDA
In a recent development, the price of fine gold has experienced a notable decline, dropping by Rs. 1,100 per tola. As per the latest report released by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading rate for pure gold stands at Rs. 1,35,400 per tola. This marks a significant decrease […]
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