Month: September 2024
NEPSE Index Rises by 78.17 Points, Reaches 2,688.38
The NEPSE Index rebounded sharply, gaining 78.17 points (2.99%) to close at 2,688.38, reversing the previous session’s 22.73-point decline. The market showed strong upward momentum throughout the day, beginning at 2,625.46 points, hitting a low of 2,604.83, and reaching an intraday high of 2,688.52. The trading session saw robust activity, with 318 companies traded through […]
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Nepal Lube Oil Proposes 25% Dividend, Calls 33rd AGM on Ashwin 18
Nepal Lube Oil Limited (NLO) has announced a 25% dividend for the fiscal year 2080/81 and will hold its 33rd Annual General Meeting (AGM) on Ashwin 18, 2081. During the 376th Board of Directors’ meeting, held on Bhadra 26, the company proposed a 20% bonus share and 5% cash dividend, based on its current paid-up […]
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NEPSE Index Drops by 22.73 Points Amid Declining Market Sentiment
The NEPSE Index continued its downward trend, dropping by 22.73 points (0.86%) to settle at 2,610.21 on the latest trading day. This follows a previous decline of 13.09 points, reflecting a broader negative sentiment in the market. The trading session opened with the index at 2,636.30 points, hitting an intraday high of 2,651.19 points before […]
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RBB Merchant Banking Calls 9th AGM on 18th Ashwin 2081
RBB Merchant Banking Limited has scheduled its 9th Annual General Meeting (AGM) for 18th Ashwin, 2081. The meeting will take place at the company’s head office located at Singhadurbar Plaza, Kathmandu, starting at 2 pm. The AGM will focus on several key agendas, including: Endorsement of financial reports for the fiscal year 2080/81. Approval of […]
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Gold Prices in Nepal Hit Record High at Rs. 1,53,400 Per Tola
The gold market in Nepal has reached a new high, with prices surging on September 11, 2024. As per the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the price of fine gold jumped to Rs. 1,53,400 per tola, an increase from Rs. 1,52,400 recorded the day before. Similarly, Tejabi gold experienced a price […]
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NLG Insurance Revises Right Share Issuance to 62.56%
NLG Insurance Company Limited (NLG) has revised its right share issuance rate to 62.56%, down from the initially planned 66%. This decision was made during the company’s 449th Board of Directors meeting on Bhadra 24, 2081. The original 66% right shares issuance had been approved during a special general meeting on Shrawan 15, 2080, with […]
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Last Day to Claim Dividends for Sanima Funds
Today marks the final opportunity for investors to secure their cash dividends for three major funds managed by Sanima Capital Limited. The dividends include a 15% cash dividend for the Sanima Equity Fund (SAEF), 10% cash dividend for the Sanima Large Cap Fund (SLCF), and 10% cash dividend for the Sanima Growth Fund (SAGF). Investors […]
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Protective Micro Insurance to Issue 2.25 Million Ordinary Shares to Public
Protective Micro Insurance Limited has announced its decision to issue 2,250,000 ordinary shares to the general public. Each share will be offered at NPR 100, with the total call amount summing up to NPR 22.50 Crore. The issuance is part of the company’s effort to raise capital and expand its business operations. To facilitate the […]
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Promoter Shares of Best Finance Company Now Listed in NEPSE
A total of 3,56,074.57 units of promoter shares from Best Finance Company Ltd. (BFC) have been successfully listed on the Nepal Stock Exchange (NEPSE). These shares, which were auctioned earlier, are now available for trading under the symbol BFCPO. The auction took place between 4th Ashadh, 2081, and 11th Ashadh, 2081, offering shareholders the opportunity […]
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NEPSE Index Falls by 55.86 Points, Continuing Downward Trend
The Nepal Stock Exchange (NEPSE) Index experienced another significant drop, declining by 55.86 points, or 2.06%, to close at 2,646.03 points. This continues the downward trend from the previous session, where the index had already lost 25.46 points. The trading session began at 2,702.57 points, with the index reaching an intraday high of 2,706.54 points. […]
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