Day: September 23, 2024
Gold Prices Hit New Record in Nepal, Surging to Rs. 1,59,200 per Tola
Gold prices in Nepal reached new heights on September 23, 2024, continuing their upward trend. As per the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the price of fine gold surged to Rs. 1,59,200 per tola, marking a significant increase from the previous day’s Rs. 1,58,800 per tola. Tejabi gold also saw an […]
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Hulas Finserv to Issue 2,075,000 Shares Through IPO with NMB Capital as Issue Manager
Hulas Finserv Hire Purchase Limited, a leading hire purchase company licensed by Nepal Rastra Bank, has teamed up with NMB Capital Limited to issue 2,075,000 ordinary shares to the public through an Initial Public Offering (IPO). The IPO process will be managed by NMB Capital Limited, which has been appointed as the official issue manager […]
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Green Development Bank Revises Shareholding Structure: Promoter Shares Reduced to 51%, Public Shares Increased to 49%
Green Development Bank Limited (GRDBL) has officially announced a revision in its shareholding structure, shifting the promoter-public shares ratio from the previous 55%–45% to a new 51%–49% split. This change was approved by Nepal Rastra Bank. Currently, GRDBL has 5,387,220 shares listed on the Nepal Stock Exchange (NEPSE). Previously, the promoter group held 55% of […]
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NEPSE Index Drops by 59.02 Points, Finance Sector Takes Major Hit
The Nepal Stock Exchange (NEPSE) Index experienced a significant drop today, falling by 59.02 points, or 2.28%, closing at 2,529.33. This sharp decline came after a modest gain in the previous session. Throughout the day, the index showed volatility, starting at 2,607.86, reaching an intraday high of 2,608.43, and dropping to a low of 2,517.79 […]
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