Day: May 16, 2024
Nepal Stock Exchange Sees Marginal Rise
In a bustling trading day, the Nepal Stock Exchange (NEPSE) witnessed a slight uptick, with the NEPSE Index inching up by 0.03%, settling at 2,018.76 points at the market close. This follows a previous session’s loss, indicating market resilience amidst fluctuations. Opening at 2,023.33, the NEPSE Index experienced fluctuations throughout the day, reaching an intraday […]
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Kalika and Kisan Laghubitta Share Auctions Open to Promoters and Public
Existing promoters of Kalika Laghubitta Bittiya Sanstha Limited (KMCDB) and Kisan Laghubitta Bittiya Sanstha Limited (KLBSL) are initiating share auctions, offering investment opportunities for both existing shareholders and Nepalese citizens. In the case of KMCDB, Dolraj Dhungana plans to sell 15,000 units, while Maya Basnet KC intends to sell 5,000 units of promoter shares. The […]
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Nepal’s Gold Market Hits Record Highs, Silver Prices Surge
Nepal’s gold market has witnessed an unprecedented surge, reaching historic highs on May 16, 2024, according to the Federation of Nepal Gold and Silver Traders’ Association. Fine gold prices have soared by Rs. 1,600, hitting an extraordinary Rs. 1,40,000 per tola, marking a significant increase from its previous price of Rs. 1,38,400. Similarly, Tejabi gold […]
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