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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 […]
Read MoreNepal Stock Exchange (NEPSE) Index Gains 11.58 Point
The Nepal Stock Exchange (NEPSE) Index recorded a positive shift today, increasing by 11.58 points, or 0.44%, to close at 2,588.35. This rise came after yesterday’s slight decline of 4 points, signaling a recovery in the market. During the session, the NEPSE Index showed significant volatility. It opened at 2,601.29, touched a high of 2,643.51, […]
Read MoreGold Prices Surge by Rs. 1,500, Silver Also Rises
The price of gold soared by Rs. 1,500 per tola today, with fine gold now priced at Rs. 1,57,100 per tola, a notable increase from yesterday’s price of Rs. 1,55,600 per tola. This surge underscores the ongoing volatility in the gold market. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the […]
Read MoreNepal Declares Public Holiday on Constitution Day; NEPSE to Remain Closed
The Government of Nepal has announced a public holiday today, Thursday, Ashwin 3, in celebration of Constitution Day. As a result, the Nepal Stock Exchange (NEPSE) will remain closed, with regular trading set to resume on Sunday, Ashwin 6, 2080, at 11:00 AM. Constitution Day marks the historic promulgation of Nepal’s current constitution by the […]
Read MoreGovernment Revenue Rises by 7.8% in First Two Months of FY 2024/25, Falling Short of Targets
In the first two months of the fiscal year 2024/25, the Government of Nepal collected Rs 166.38 billion in revenue, reflecting a 7.8% increase from the Rs 154.24 billion collected during the same period last fiscal year. While this growth indicates an increase in economic activity, it remains below government expectations. So far, the revenue […]
Read MoreNEPSE Index Drops by 0.15%, Closes at 2,576.76 Amid Mixed Sector Performance
CEDB Hydropower Tops Turnover, Kalika Laghubitta Gains 8.08%, Goodwill Finance Falls 6.77% The NEPSE Index continued its decline, dropping 4.00 points, or 0.15%, to close at 2,576.76 in the latest trading session, extending the previous day’s loss of 57.03 points. The session began with the index at 2,584.35 points, reaching an intraday high of 2,606.04 […]
Read MorePrabhu Select Fund and Prabhu Smart Fund Announce Dividends for Fiscal Year 2080/81
Prabhu Capital has announced the dividend distribution for its two popular mutual funds—Prabhu Select Fund (PSF) and Prabhu Smart Fund (PRSF)—for the fiscal year 2080/81. The board of directors finalized the dividend payout during its 198th meeting on Bhadra 31. Prabhu Select Fund (PSF) will give a 10% cash dividend to its unitholders, while Prabhu […]
Read MoreSanima Reliance Life Insurance Announces 7th AGM and 18.38% Dividend
Sanima Reliance Life Insurance Limited (SRLI) has scheduled its 7th Annual General Meeting (AGM) for 23rd Ashwin, 2081. The meeting will take place at Anmol Banquet, Sankhamul, Naya Baneshwor, Kathmandu, starting at 11:00 am. One of the key highlights of the AGM will be the approval of an 18.3811% dividend for the fiscal year 2079/80. […]
Read MoreSahas Urja Limited Announces 8.421% Dividend
Sahas Urja Limited (SAHAS) has declared an 8.421% dividend for the fiscal year 2080/81 and has scheduled its Annual General Meeting (AGM) for 4th Kartik, 2081. The AGM will be held at Karki Banquet, Babarmahal, Kathmandu, starting at 11:00 AM. The company has proposed 8% bonus shares worth Rs. 28 Crores and a 0.421% cash […]
Read MoreHathway Investment Nepal Proposes 10.526% Dividend for FY 2080/81
Hathway Investment Nepal Limited (HATHY) has proposed a 10.526% dividend for the fiscal year 2080/81. This includes 10% bonus shares and a 0.526% cash dividend (inclusive of tax), as decided during the 200th meeting of the company’s Board of Directors held on Bhadra 27. With a current paid-up capital of Rs. 1.28 Arba, the proposed […]
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