Day: August 6, 2024
NEPSE Index Plummets by 5.18%
The Nepal Stock Exchange (NEPSE) Index closed at 2,651.32 points today, marking a significant decline of 145.05 points or 5.18% from the previous trading day’s close. This sharp drop follows an increase of 40.76 points in the prior session. The trading day began with the index opening at 2,802.04 points. Throughout the session, the index […]
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HIDCL Announces Auction of 1.68 Crore Promoter Shares
Hydroelectricity Investment and Development Company Limited (HIDCL) has announced the auction of 1,68,59,050 units of promoter shares to the general public, companies, and institutions. The auction will run from 29th Shrawan, 2081 to 6th Bhadra, 2081. Earlier, HIDCL initially offered 330,000,000 promoter shares to the public from the 5th to the 19th of Ashadh, 2079. […]
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Gold Prices Plummet by Rs. 2,300 Per Tola in Nepal
The gold market in Nepal has experienced a significant drop, with prices decreasing by Rs. 2,300 per tola. According to the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the price of fine gold is now Rs. 147,700 per tola, a substantial decline from its previous closing rate of Rs. […]
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Guardian Micro Life Insurance to Issue 22.5 Lakh Shares to Public
Guardian Micro Life Insurance Limited is preparing to issue 22,50,000 unit ordinary shares to the public at Rs. 100 per share, raising a total of Rs. 22.5 crore. Nepal SBI Merchant Banking Limited has been appointed to provide underwriting services for this significant issuance. The agreement was signed by Mr. Lekhnath Pokhel, Managing Director and […]
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