Category: Nepal Stock Exchange

  • NEPSE Index Rises 0.47%: Hotel and Tourism Sector Leads Gains

    NEPSE Index Rises 0.47%: Hotel and Tourism Sector Leads Gains


    Introducing the Nepal Stock Exchange (NEPSE) Index, a dynamic and resilient platform for investors seeking opportunities in the ever-evolving world of stocks. In today’s trading session, the NEPSE Index surged by an impressive 9.24 points, marking a 0.47% gain over the previous day’s closing, after a brief setback of 17.56 points. The trading day began with an opening index value of 1,958.87, reaching an intraday low of 1,957.23, but ultimately soaring to an intraday high of 1,976.19, showcasing its potential for both cautious and adventurous investors. With a whopping 284 diverse stocks traded in 58,741 transactions, totaling 4,323,021 units and an impressive turnover of Rs. 1.18 Arba, NEPSE proves itself as a bustling marketplace. Its market capitalization stands at a substantial Rs. 30 Kharba, with a float market capitalization of Rs. 10.56 Kharba, offering a wealth of investment opportunities and the promise of financial growth for those who dare to explore the possibilities it presents.

     

  • GIBF1 Proposes 5% Cash Dividend for FY 2079/80

    GIBF1 Proposes 5% Cash Dividend for FY 2079/80


     

    Global IME Balance Fund-I (GIBF1) plans to provide a 5% cash dividend to its unit holders for the fiscal year 2079/80. This decision was made during the 165th board meeting of Global IME Capital Limited on October 1, 2023 (Ashwin 15). The cash dividend amounts to Rs. 5.12 Crores and will be distributed to the unitholders of GIBF1.

    GIBF1 is a closed-end fund with a maturity period of 10 years and a fund size of Rs. 1.02 Arba.

     

  • Sanima Mai Hydropower Proposes 10.52% Dividend for FY 2079/80; AGM on Kartik 23

    Sanima Mai Hydropower Proposes 10.52% Dividend for FY 2079/80; AGM on Kartik 23


     

    Sanima Mai Hydropower Limited (SHPC) has recommended a dividend of 10.5263% for the fiscal year 2079/80. They have also scheduled their 12th Annual General Meeting for November 6, 2023 (Kartik 23, 2080).

    In a board meeting held on October 1, 2023 (Ashwin 15, 2080), the company decided to distribute this dividend, consisting of 0.5263% in cash and 10% in bonus shares, based on their paid-up capital of Rs. 3.08 Arba. This translates to bonus shares worth Rs. 30.89 Crores and cash dividends totaling Rs. 1.62 Crores, which includes taxes related to the bonus shares.

     

  • IPO Allotment: Vision Lumbini Urja Company Allocates Shares to Overseas Nepalese on 15th Ashwin

    IPO Allotment: Vision Lumbini Urja Company Allocates Shares to Overseas Nepalese on 15th Ashwin


    Vision Lumbini Urja Company Limited has completed its IPO share allocation to foreign Nepalese employees on September 30, 2023. The company has a total issued capital of Rs. 1.91 Arba, with 10% (19,12,500 units) of shares, worth Rs. 19.12 Crores, allocated to project-affected locals of Kaski District. An additional 10% (19,12,500 units) will be offered to the general public later. Out of this public offering, 10% (191,250 units) was designated for Nepalese citizens working abroad from August 19 to September 2, 2023.

    The IPO received a total of 29,822 applications for 7.52 lakh units of shares according to the allotment plan.

     

  • NSBD98, 9% Nepal SBI Bank Debenture 2089, Listed on NEPSE

    NSBD98, 9% Nepal SBI Bank Debenture 2089, Listed on NEPSE


    On Tuesday, September 30, 2023, Nepal SBI Bank (SBI) and the Nepal Stock Exchange (NEPSE) signed an agreement to list 9 Percent Debenture 2089 (NSBD98). As part of the agreement, 1,418,366 units of these debentures will be listed at a par value of Rs. 1000 per unit. Trading of these shares is expected to commence on Wednesday.

    The issue management for this listing was handled by NMB Capital Limited. The shares were officially listed on NEPSE on September 30, 2023, in accordance with existing regulations.

     

  • NEPSE Closes at 1,958.72, Down 17.56 Points; CLI Tops in Turnover

    NEPSE Closes at 1,958.72, Down 17.56 Points; CLI Tops in Turnover


     

    In today’s Nepal Stock Exchange (NEPSE) trading session, the NEPSE Index closed at 1,958.72 points, marking a significant loss of 17.56 points or 0.88% compared to the previous day’s close. It had gained 5.19 points the day before.

    The trading day began with the index opening at 1,977.83, reaching a low point of 1,954.13, and hitting a high of 1,978.27 during intraday trading.

    Throughout the day, there were 281 different stocks traded in 55,096 transactions. The total volume of shares traded was 3,965,917, resulting in a total turnover of Rs. 1.19 Arba. The market capitalization was at Rs. 29.86 Kharba, with a float market capitalization of Rs. 10.51 Kharba.

     

  • Last Day to Claim Dividends from Everest Bank and NIC Asia Bank – Don’t Forget!

    Last Day to Claim Dividends from Everest Bank and NIC Asia Bank – Don’t Forget!


     

    Today marks the final opportunity to claim dividends from Everest Bank Limited (EBL) and NIC Asia Bank Limited (NICA).

    EBL has scheduled its 29th Annual General Meeting (AGM) for the 30th of Ashwin, 2080, at Lainchaur Banquet in Kathmandu, commencing at 11 a.m. During this meeting, one of the key agenda items is the approval of a 20.53% dividend for the fiscal year 2079/80. This dividend comprises a 10.53% cash dividend and a 10% bonus share, as decided by the Board of Directors in their 357th meeting on Bhadra 27. EBL’s current paid-up capital is Rs. 10.69 Arba, and the cash dividend includes taxes associated with the bonus shares.

     

  • NEPSE Closes with 0.26% Gain and Rs 1.73 Arba Turnover

    NEPSE Closes with 0.26% Gain and Rs 1.73 Arba Turnover


    In today’s trading, the Nepal Stock Exchange (NEPSE) Index ended at 1,976.29 points, marking a gain of 5.19 points or 0.26% from the previous day’s close, which had seen a loss of 33.20 points. The trading day began with an opening index value of 1,970.28, hitting a low of 1,954.35, and reaching a high of 1,982.51.

    During today’s trading session, there were 286 different stocks traded in 85,591 transactions. The total volume of shares traded amounted to 5,776,896, resulting in a turnover of Rs. 1.73 Arba. The market capitalization stood at Rs. 30.13 Kharba, with a float market capitalization of Rs. 10.61 Kharb.

    .

     

  • Last Day to Claim CZBIL Dividend Reminder

    Last Day to Claim CZBIL Dividend Reminder


    Citizens Bank International Limited (CZBIL) is set to hold its 17th Annual General Meeting (AGM) on September 26, 2080, in Amritbhog, Kalikasthan, Kathmandu, starting at 11 a.m. During this meeting, among other things, they will approve a 5.79% cash dividend for the fiscal year 2079/80. This decision was made during the 428th meeting of the Board of Directors on August 15th, where they decided to distribute a cash dividend of Rs. 82.21 Crores from their paid-up capital of Rs. 14.20 Arba. Today is the last day to claim this dividend, so make sure to do so if you’re a shareholder.

     

  • NIBL Pragati Fund Distributes 6.8% Cash Dividends to Unitholders’ Bank Accounts

    NIBL Pragati Fund Distributes 6.8% Cash Dividends to Unitholders’ Bank Accounts


    NIMB Ace Capital Limited has distributed a 6.8% cash dividend from the “NIBL Pragati Fund (NIBLPF)” directly to the unit holders’ bank accounts. They have also encouraged unit holders to convert their shares into dematerialized form.

    This distribution represents the 6.8% return for the fiscal year 2079/2080, with the fund initiating deposits into beneficiaries’ accounts from the 12th of Ashwin, 2080. The company emphasizes that all unit holders should verify the return in their beneficiary accounts.

    Furthermore, they have urged unit holders to update their bank information in the Demat account to ensure the smooth receipt of dividends. For eligible investors who have taken loans against the company’s shares, it’s essential to provide a No Objection Letter from their lending institution to receive the dividend.

     

  • Nepal Warehouse Company Gets SEBON Approval for 13.65 Lakh Share IPO

    Nepal Warehouse Company Gets SEBON Approval for 13.65 Lakh Share IPO


    Nepal Warehouse Company has obtained approval from SEBON (Securities Board of Nepal) to release 13.65 lakh ordinary shares to the public, with the offering scheduled for Ashoj 10, 2080.

    The company has already established and initiated operations for a 40 MT warehouse in Sunsari and Parsa districts. Additionally, they are in the process of constructing a warehouse with a capacity of 15,000 MT in Kapilvastu, as mentioned in their official media statement.

     

  • NEPSE Drops 33.20 Points on First Trading Day of the Week, 6 Companies in Negative Circuit

    NEPSE Drops 33.20 Points on First Trading Day of the Week, 6 Companies in Negative Circuit


     

    In the latest trading session, the Nepal Stock Exchange (NEPSE) Index closed at 1,971.10 points, marking a significant loss of 33.20 points or 1.65% compared to the previous day’s closing. This followed a loss of 18.60 points on Wednesday. The trading day began with the index opening at 2,004.58, reaching a low point of 1,964.44, and a high of 2,005.32.

    During today’s trading, there were 284 different stocks traded in a total of 82,378 transactions. The total volume of shares traded amounted to 6,656,732, resulting in a turnover of Rs. 1.83 Arba. The overall market capitalization stood at Rs. 29.88 Kharba, with a float market capitalization of Rs. 10.53 Kharba.