Day: May 13, 2024
Nepal Stock Exchange Index Rises by 1.23%
The Nepal Stock Exchange (NEPSE) Index witnessed a notable surge, marking a 1.23% increase, or 24.39 points, closing at 1,998.89 points for the day’s trading session. This positive momentum follows a previous session’s gain of 8.26 points, indicating a steady climb in the market. Opening at 1,979.68, the day observed fluctuations with the index hitting […]
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Ridi Power Company’s Right Shares Listed on NEPSE
Ridi Power Company Limited (RIDI) has successfully listed 77,44,506 units of right shares on the Nepal Stock Exchange (NEPSE), opening up new trading opportunities for investors. This listing follows a recent issuance of right shares by RIDI, offering existing shareholders a chance to increase their holdings in the company. Earlier, RIDI distributed a 1:0.50 ratio […]
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Gold Prices Drop in Nepal
The cost of gold in Nepal has witnessed a notable decrease, with Fine gold now trading at Rs. 138,100 per tola, down by Rs. 300 from its previous closing rate of Rs. 138,400 per tola, according to the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Similarly, Tejabi gold has […]
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CLI’s Q3 Financial Report: Net Profit Surges, Strong Financial Position Revealed
Citizen Life Insurance Company Limited (CLI) has unveiled its financial report for the third quarter of the fiscal year 2080/2081, unveiling an impressive 87.35% surge in net profit. The company’s net profit surged to Rs. 28.13 crores, marking a substantial increase from the Rs. 15.01 crores reported in the corresponding quarter of the previous fiscal […]
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FMDBL Promoter Shares Up for Auction: Opportunity for Investors to Acquire Stake
First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) announces the auction of its existing promoter’s 1,20,000 units of shares, providing an opportunity for investors to acquire a stake in the company. The auction will run from today, 31st Baishakh, to 7th Jestha, 2081. Interested individuals, companies, and institutions meeting the qualification criteria are eligible to participate […]
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