Year: 2024
NIC Asia Bank Auctions Promoter Shares of CIT and SBL
NIC Asia Bank Limited (NICA) is auctioning 50,000 units of promoter shares of Citizen Investment Trust (CIT) to qualified investors from 7th Shrawan to 14th Shrawan, 2081. The auction allows eligible investors to place their bids with a minimum bid rate of Rs. 707 and a minimum bid quantity of 10,000 units. Bids should be […]
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NEPSE Index Sees Modest Gain
The Nepal Stock Exchange (NEPSE) Index closed at 2,488.09 points, marking a slight increase of 2.15 points or 0.08% from the previous trading day. Despite today’s minimal gain, the index saw a more substantial rise of 61.61 points in the prior session. The trading day began with the index opening at 2,491.17 points, hitting an […]
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NLICL Announces 36th AGM
National Life Insurance Company Limited (NLICL) has scheduled its 36th Annual General Meeting (AGM) for 7th Bhadra, 2081. The meeting will take place at the company’s head office in Lazimpat, Kathmandu, starting at 10:30 am. A key agenda for the AGM is the approval of a 14% dividend for the fiscal year 2079/80. In […]
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Suryodaya Womi Laghubitta FPO Closes Tomorrow
Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF) is issuing 178,451.18 units of FPO shares, each priced at Rs. 100. The issue, which began on 4th Shrawan 2080, is set to close tomorrow, 8th Shrawan 2081. As per the Banks and Financial Institutions Act of 2073 and NRB regulations, at least 30% of the issued capital […]
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SEBON Reviews Right Shares of Multiple Hydropower Companies
The Securities Exchange Board of Nepal (SEBON) is currently reviewing the right shares of Barahi Hydropower Public Limited (BHPL). The application was submitted on Jestha 24, 2081. Barahi Hydropower plans to issue 100% right shares on its paid-up capital of Rs. 25 Crores, adding 2,500,000 units to increase the capital to Rs. 50 crores. This […]
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Gold Prices Drop by Rs. 1,300 per Tola in Nepal
The fine gold market in Nepal has seen a significant drop, with prices falling by Rs. 1,300 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold is now priced at Rs. 146,200 per tola, down from Rs. 147,500 per tola. Tejabi gold has also experienced a similar decline, […]
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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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