Articles & Updates
Gold Prices Dip, Silver Rises
Gold prices experience a notable decline, with Fine gold trading at Rs. 137,400 per tola, marking a Rs. 700 decrease from the previous closing rate, as per the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Similarly, Tejabi gold witnesses a decline, now priced at Rs. 136,750 per tola, reflecting […]
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NEPSE Index Surges: Market Dynamics Boosted by Positive Trends
The Nepal Stock Exchange (NEPSE) Index displays a notable gain of 1.43%, closing at 2,027.51 points, reflecting a positive trend in market dynamics. Following a previous session’s increase of 24.39 points, the market maintains its upward trajectory. Amidst fluctuations, the index opened at 2,000.7, reaching an intraday high of 2,027.59 before settling at an intraday […]
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NRB Presents 190 Budget Recommendations to Ministry of Finance
The Nepal Rastra Bank (NRB) has put forth a comprehensive set of 190 recommendations to the Ministry of Finance for the upcoming fiscal year 2081/82 budget. Governor Maha Prasad Adhikari disclosed this during a session of the Economic Committee under the House of Representatives, emphasizing the inclusivity of the process. These recommendations, derived from input […]
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Nepal Stock Exchange Index Rises by 1.23%
The Nepal Stock Exchange (NEPSE) Index witnessed a notable surge, marking a 1.23% increase, or 24.39 points, closing at 1,998.89 points for the day’s trading session. This positive momentum follows a previous session’s gain of 8.26 points, indicating a steady climb in the market. Opening at 1,979.68, the day observed fluctuations with the index hitting […]
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Ridi Power Company’s Right Shares Listed on NEPSE
Ridi Power Company Limited (RIDI) has successfully listed 77,44,506 units of right shares on the Nepal Stock Exchange (NEPSE), opening up new trading opportunities for investors. This listing follows a recent issuance of right shares by RIDI, offering existing shareholders a chance to increase their holdings in the company. Earlier, RIDI distributed a 1:0.50 ratio […]
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Gold Prices Drop in Nepal
The cost of gold in Nepal has witnessed a notable decrease, with Fine gold now trading at Rs. 138,100 per tola, down by Rs. 300 from its previous closing rate of Rs. 138,400 per tola, according to the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Similarly, Tejabi gold has […]
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CLI’s Q3 Financial Report: Net Profit Surges, Strong Financial Position Revealed
Citizen Life Insurance Company Limited (CLI) has unveiled its financial report for the third quarter of the fiscal year 2080/2081, unveiling an impressive 87.35% surge in net profit. The company’s net profit surged to Rs. 28.13 crores, marking a substantial increase from the Rs. 15.01 crores reported in the corresponding quarter of the previous fiscal […]
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FMDBL Promoter Shares Up for Auction: Opportunity for Investors to Acquire Stake
First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) announces the auction of its existing promoter’s 1,20,000 units of shares, providing an opportunity for investors to acquire a stake in the company. The auction will run from today, 31st Baishakh, to 7th Jestha, 2081. Interested individuals, companies, and institutions meeting the qualification criteria are eligible to participate […]
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HRL Sees Staggering 100% Surge in Net Profit, Strong Financials in Q3 2080/81
Himalayan Re-Insurance Limited (HRL) has made headlines with its outstanding financial performance in the third quarter of the fiscal year 2080/81. The company reported a staggering 100% surge in net profit, reaching Rs. 93.11 crore, compared to Rs. 46.43 crore in the same period last year. HRL, a leading player in the insurance sector, displayed […]
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Gold Prices Rise by Rs. 500 per Tola, Silver Sees Slight Decline
In today’s market update, gold prices have surged by Rs. 500 per tola compared to Friday’s rates, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). The current value of fine gold stands at Rs. 1,38,400 per tola, reflecting a notable increase from Friday’s price of Rs. 1,37,900 per tola. Similarly, Tejabi […]
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