Month: July 2024
NEPSE Index Surges 2.54%, Closes at 2,485.94
The Nepal Stock Exchange (NEPSE) Index witnessed a significant surge, closing at 2,485.94 with an impressive gain of 61.61 points, or 2.54%, from the previous trading day’s close. This recent rise marks a remarkable gain of approximately 245.51 points over the last four sessions. The trading session began with the index opening at 2,421.49 points, […]
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NEPSE Index Surges with High Volatility and Record Turnover
The NEPSE Index closed at 2,424.32 this week, gaining an impressive 219.71 points (9.97%). Last week, the index closed at 2,204.61, showing a 4.01% increase from the week before. This week, the NEPSE Index experienced significant volatility, reaching a high of 2,459.94 and a low of 2,230.50, marking a fluctuation of 229.44 points. In contrast, […]
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Garima Bikas Bank Limited Announces Promoter Share Auction
Garima Bikas Bank Limited (GBBL) has initiated an auction for 425,156.67 units of its promoter shares exclusively for its existing promoter shareholders. The auction begins today and will run for 35 days, concluding on the 6th of Bhadra, 2081 (Nepali calendar), following the publication of this notice on the 4th of Shrawan. Auction Details The […]
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Gold and Silver Prices Drop Significantly in Nepal
The fine gold market in Nepal has seen a significant shift, with prices decreasing by Rs. 2,000 per tola. According to the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold is now valued at Rs. 147,500 per tola, down from the previous rate of Rs. 149,500 per tola. […]
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NRB to Announce Monetary Policy for 2081/82 Early
Nepal Rastra Bank (NRB) will unveil the monetary policy for fiscal year 2081/82 on Friday, the 4th of Shrawan. The central bank has completed the draft, and a management committee meeting is scheduled today to finalize the details. Initially, NRB planned to release the policy by the 15th of Shrawan. However, after a nearly two-hour […]
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NEPSE Index Surges to New Highs
The Nepal Stock Exchange (NEPSE) Index saw a remarkable rise, reaching 2,400 levels and closing at an impressive 2,424.32. This substantial gain of 59.68 points or 2.52% from the previous day’s close follows the recent breach of the 2300 level, indicating strong positive sentiment among traders and investors. Today’s trading session began with the index […]
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RSDC Laghubitta Sees 36.47% Net Profit Rise in Q4 2080/81
RSDC Laghubitta Bittiya Sanstha (RSDC) has reported a notable 36.47% increase in net profit for the fourth quarter of fiscal year 2080/2081. The company’s net profit rose to Rs. 14.66 crore, compared to Rs. 10.74 crore in the same quarter of the previous year. For this quarter, RSDC recorded a distributable profit of Rs. 6.76 […]
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Nepal Stock Exchange (NEPSE) Index Soars to New Highs
The Nepal Stock Exchange (NEPSE) Index experienced a significant rise, closing at 2,364.63 points with a notable gain of 54.04 points or 2.33% from the previous day. This upward trend follows the index successfully crossing the 2300 mark yesterday, indicating strong positive sentiment among traders and investors. The trading session started with the NEPSE Index […]
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SEBON Approves Everest Bank Debenture Issuance
The Securities Board of Nepal (SEBON) has approved the addition of “10 yrs, 7.50% Everest Bank Limited Debenture, 2091” to its pipeline. The debenture is valued at Rs 3 Arba. Everest Bank Limited will be issuing 3,000,000 units of this debenture, each priced at Rs 1000. Of these, 12 lakh units will be available to […]
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Mustang District Sees Record Tourist Numbers
In the fiscal year 2023/24, Mustang District achieved a record by welcoming 427,271 tourists, a significant increase from the previous year. The Beni-Jomsom road was the main entry point for these visitors, providing access to Mustang’s numerous attractions. Deputy Superintendent of Police Bhoj Raj Pandey from the District Police Office, Mustang, reported that the total […]
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