Month: July 2024
NEPSE Index Sees Slight Drop Amid Active Trading
The Nepal Stock Exchange (NEPSE) Index dropped by 4.62 points today, marking a 0.21% decrease, and closing at 2,136.35 points. This decline comes after a gain of 21.27 points in the previous trading session. The trading session began with the NEPSE index at 2,143.95 points. It hit an intraday high of 2,149.19 points and saw […]
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NEPSE Index Rises by 1% Amid Strong Market Activity
The Nepal Stock Exchange (NEPSE) Index experienced a notable rise today, climbing by 21.27 points, or 1.00%, to close at 2,140.97 points. This follows an increase of 15.46 points in the previous trading session. The trading day opened with the NEPSE index at 2,122 points, hitting an intraday low of 2,121.26 points and peaking at […]
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Trust Micro Insurance Limited Holds First General Meeting in Butwal
Trust Micro Insurance Limited recently held its inaugural general meeting in Butwal, presided over by Chairman Jagat Bahadur Pokharel. Key agendas approved during the meeting included the issuance of Initial Public Offerings (IPOs), financial reports for the fiscal year 079/80, auditor appointments for FY 080/81, and the election of board leadership. Jagat Bahadur Pokharel was […]
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Reliance Spinning Mills Sees 97.16% Drop in Q3 Profits
Reliance Spinning Mills has reported its third-quarter financial results for the fiscal year 2080-81, showing a steep decline in net profit to Rs. 2.63 crores. This represents a dramatic 97.16% decrease compared to Rs. 92.78 crores in the previous fiscal year (2079-80). The company, currently in the process of issuing its Initial Public Offering (IPO), […]
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Gold Prices Soar by Rs. 1,600 Per Tola in Nepal
The price of gold in Nepal has surged by Rs. 1,600 per tola today, marking a significant increase compared to yesterday’s rates. The Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reports that fine gold is now priced at Rs. 1,44,300 per tola, up from Rs. 1,42,700 per tola the previous day. Tejabi gold […]
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NEPSE Index Climbs 3.79 Points, Trading Day Sees Positive Turnaround
The Nepal Stock Exchange (NEPSE) Index rose by 3.79 points today, marking a 0.18% increase and closing at 2,104.22 points. This follows a substantial gain of 47.04 points in the previous trading session. The day began with the index at 2,101.84 points, hit an intraday high of 2,104.38 points, and a low of 2,076.95 points […]
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Promoter Shares of SANIMA, NABBC, and ILBS Up for Auction
The existing promoter of Sanima Bank Limited (SANIMA) is auctioning 68,000 units of shares to interested public and institutions starting from today, 19th Ashadh, 2081. Dilip Shrestha, a key promoter, is selling these shares to existing shareholders. Interested individuals have 15 days from today to place their bids at the bank’s central office in […]
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NEPSE Index Climbs 2.29% Amid Highly Volatile Trading Day
The Nepal Stock Exchange (NEPSE) experienced a highly volatile trading day today, as the NEPSE Index surged by 47.04 points, an increase of 2.29%, closing at 2,100.43 points. The day began with a significant pre-opening surge of 32.44 points. When trading officially started at 11 AM, the NEPSE Index rapidly increased by 4.01% or 82.48 […]
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NEPSE Index Soars 4.01%
The Nepal Stock Exchange Limited (NEPSE) experienced a rapid surge today, with the benchmark index climbing 4.01% or 82.48 points to reach 2,135.87 points within a minute of the market opening. This significant increase led to a temporary suspension of trading. During this brief period, the total turnover amounted to Rs. 8.69 Crore. Trading is […]
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Nepal’s Public Debt Reaches 42.08% of GDP
Nepal’s public debt has climbed to 42.08 percent of the country’s gross domestic product (GDP), according to Finance Minister Barshaman Pun during a House of Representatives meeting on Sunday. He pointed to an improved government capacity to repay loans, attributing this to effective domestic borrowing strategies guided by the National Natural Resources and Fiscal Commission. […]
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