Category: Nepal Stock Exchange

  • “NEPSE Index Drops 0.32% with Rs. 79.68 Crores Turnover; NMBMF in Positive Circuit”

    “NEPSE Index Drops 0.32% with Rs. 79.68 Crores Turnover; NMBMF in Positive Circuit”


    In today’s trading on the Nepal Stock Exchange (NEPSE), the index closed at 1,961.37 points, showing a slight decrease of 6.45 points or 0.32% compared to the previous day. Yesterday, the index had gained 7.04 points.

    The trading day started with the index opening at 1,966.8 and reached a high point of 1,974.11 during the day. However, it also dipped to an intraday low of 1,954.19 before settling at the closing value of 1,961.37.

    Throughout the trading session, there were a total of 277 stocks exchanged in 25,227 transactions, with a substantial volume of 2,480,929 shares traded, resulting in a turnover of Rs. 79.68 Crores. The market capitalization was recorded at Rs. 29.36 Kharba, while the float market capitalization stood at Rs. 10.33 Kharba.

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  • “Mai Khola Hydropower Calls AGM on 9th Ashwin to Discuss 100% Right Shares Issuance”

    “Mai Khola Hydropower Calls AGM on 9th Ashwin to Discuss 100% Right Shares Issuance”


     

    Mai Khola Hydropower Limited (MKHL) has scheduled its Annual General Meeting (AGM) for the 9th of Ashwin, 2080. The meeting will take place at Lord Party Venue in Dhumbarahi, Kathmandu, commencing at 9 a.m.

    The AGM’s agenda includes the following items:
    1) Approval of the financial reports for the fiscal year 2079/80.
    2) Endorsement of the auditor’s report, including PL statements, financial reports, and cash flow reports.
    3) Confirmation of the auditor’s appointment for the fiscal year 2080/81.
    4) Ratification of decisions and actions taken by the Board of Directors.
    5) Authorization to issue 100% right shares from the current paid-up capital of Rs. 31.21 Crores.
    6) Consideration of changing the company’s location.
    7) Amendment of the Articles of Association following an increase in the authorized, issued, and paid-up capital of the company.
    8) Miscellaneous matters.

  • “NEPSE Gains 7.04 Points; ILI Tops Turnover”

    “NEPSE Gains 7.04 Points; ILI Tops Turnover”


    In today’s Nepal Stock Exchange (NEPSE) trading session, the NEPSE Index ended at 1,967.83 points, showing a slight increase of 0.35% or 7.04 points from the previous day when it had dropped by 29.81 points. The day began with the index starting at 1,960.79 and reaching its highest point at 1,977.96. However, it also hit an intraday low of 1,946.62 before ultimately closing at 1,967.83.

    Throughout the day, there were 270 scrips exchanged in 32,533 transactions, with a significant share volume of 3,432,267, resulting in a total turnover of Rs. 1.09 Arba. The market’s capitalization was at Rs. 29.45 Kharba, with a float market capitalization of Rs. 10.37 Kharba.

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  • “Final Day to Apply for Mathillo Mailung Khola’s IPO for Project-Affected Locals”

    “Final Day to Apply for Mathillo Mailung Khola’s IPO for Project-Affected Locals”


    Mathillo Mailung Khola Jalbidhyut Limited had previously extended the deadline for its IPO shares to project-affected residents of Rasuwa and Nuwakot Districts until Bhadra 17, 2080. The company made this decision due to ongoing heavy rainfall and resulting flooding, which had made it difficult for locals to access banking centers. This extension was granted to accommodate the affected individuals and enable them to participate in the IPO issuance.

     

  • “Final Day to Claim Kumari Capital Mutual Fund Dividends”

    “Final Day to Claim Kumari Capital Mutual Fund Dividends”


     

     

    Today marks the final trading day before Kumari Capital’s mutual funds close their books for dividend distribution, with the book closure date set for the 18th of Bhadra. Anyone holding units in these funds until today will be eligible for the cash dividend.

    During their 60th board meeting on the 25th of Shrawan, Kumari Capital Limited decided to allocate a 10% cash dividend for Kumari Equity Fund (KEF) and a 6% cash dividend, including taxes, for Kumari Dhanbriddhi Yojana (KDBY) for the fiscal year 2079/80 to their unit holders.

    In the previous fiscal year, KEF had announced a 5% cash dividend for FY 2078/79. As of the current update, the last traded price (LTP) for KEF stands at Rs. 9.02, while KDBY is at Rs. 8.32.

  • “NEPSE Index Drops 1.49% with Volume at Rs 1.18 Arba; Market Cap at Rs 29.35 Kharba”

    “NEPSE Index Drops 1.49% with Volume at Rs 1.18 Arba; Market Cap at Rs 29.35 Kharba”


     

    In today’s Nepal Stock Exchange (NEPSE) trading, the index closed at 1,960.78 points, which was a 1.49% decrease from the previous day’s close, losing 29.81 points. Last Wednesday, it had dropped by 2.82 points.

    The trading day began with the index opening at 1,990.82 and hitting a high of 1,991.11 at one point. However, it also reached a low of 1,958.83 during the day before settling at the closing value of 1,960.78.

    In today’s trading session, there were 276 stocks traded in 37,041 transactions, with a significant volume of shares totaling 4,053,368. This resulted in a turnover of Rs. 1.18 Arba. The market’s capitalization was Rs. 29.35 Kharba, and the float market capitalization was Rs. 10.34 Kharba.

  • “Sun Nepal Life Insurance IPO Allotment Concludes: 7,68,000 Applicants Celebrate; 6,92,061 Applicants Return Empty-Handed”

    “Sun Nepal Life Insurance IPO Allotment Concludes: 7,68,000 Applicants Celebrate; 6,92,061 Applicants Return Empty-Handed”


     

    The IPO allotment process of Sun Nepal Life Insurance Company Limited has been completed today at the offices of the issue manager, Nepal SBI Merchant Banking Limited, in Kathmandu.

    Sun Nepal Life Insurance Company Limited had offered 76,80,000 unit IPO shares at a price of Rs. 239 per share, which consists of a face value of Rs. 100 and a premium price of Rs. 139 per share. The offering was open to the general public from Sharwan 32 to Bhadra 4, 2080.

    The total issued capital of the life insurance company is Rs. 3.2 Arba, with 30% or 96,00,000 unit shares allocated for the public, including Nepalese citizens working abroad and the general public. Out of this total offering, 10%, equivalent to 960,000 unit shares, was made available to Nepalese citizens working abroad from the 1st to the 15th of Shrawan. The remaining 86,40,000 units were designated for the general public, which also includes company employees and mutual funds, during the specified dates mentioned above.

  • “NIBL Pragati Fund Declares 6.8% Cash Dividend for FY 2079/80; Book Closure Soon”

    “NIBL Pragati Fund Declares 6.8% Cash Dividend for FY 2079/80; Book Closure Soon”


     

    NIBL Pragati Fund (NIBLPF) has announced a 6.8% cash dividend for its shareholders for the fiscal year 2079/80. This decision was made during the 112th Board of Directors (BOD) meeting held on Shrawan 13th. The dividend amounts to Rs. 5.10 Crores for the recently concluded financial year, and the book closure date for this dividend distribution will be announced later.

    NIBL Pragati Fund (NIBLPF) is a 7-year closed-end mutual fund scheme that started with an initial fund of Rs. 75 crore. As of the end of Shrawan in 2080, the fund’s Net Asset Value (NAV) is Rs. 10.48.

     

  • “NEPSE Weekly Update: 1.16% Loss with Technical Analysis and Highlights”

    “NEPSE Weekly Update: 1.16% Loss with Technical Analysis and Highlights”


     

    The daily RSI stands at 38.80, and the weekly RSI is at 47.58. In terms of MACD, both lines are below zero, with the signal line crossing the MACD line, showing a MACD reading of -24.33 on the daily chart.

    The Nepse Index is currently below its 5-day and 20-day Moving Averages, which is generally seen as a bearish sign, but we should wait for more confirmation.

    In the current scenario, the 1,950 level might serve as the nearest support, while resistance is likely to be encountered around the 2,085 level.

  • “Final Day to Apply for Mandu Hydropower IPO for General Public”

    “Final Day to Apply for Mandu Hydropower IPO for General Public”


    The initial closing date for this offering is set for the 13th of Bhadra. If the subscription falls short, the deadline could extend to the 24th of Bhadra, in the year 2080.

    CDS and Clearing Limited (CDSC) has reported that they’ve received a total of 833,615 applications, requesting a combined 9,136,780 unit shares, amounting to approximately Rs. 1.88 Arba. This indicates an oversubscription of about 7.58 times as of this morning.

    Initially, the company had allocated 272,730 unit shares to locals affected by the project in Lalitpur and Makawanpur Districts. Of these, only 193,700 units were assigned to eligible applicants. Consequently, the remaining 79,030 units of unsubscribed shares from these locals are now added to the 1,363,640 units (which accounts for 10% of the total issued capital, reserved for the general public). This results in a total of 1,442,670 units being offered to the general public.

     

  • “Sreenagar Agritech Teams Up with Nabil Investment for 13 Lakh Share IPO”

    “Sreenagar Agritech Teams Up with Nabil Investment for 13 Lakh Share IPO”


     

    Sreenagar Agritech Industries has chosen Nabil Investment Banking to manage the release of 1.3 million shares to the public. The agreement was made official through a signing between the CEO of the bank, Mr. Manish Narayan Joshi, and the MD of the company, Mr. Satish Chand Shrestha. The company, known for its agricultural and poultry operations, is considering growth in the meat industry and adding cold storage facilities. This move comes after having a successful history in the agro-based sector.

     

  • “NEPSE Lists 11% LBBLD89 and MLBLD89 Debentures of 2089”

    “NEPSE Lists 11% LBBLD89 and MLBLD89 Debentures of 2089”


    On Wednesday, which corresponds to the date 2080/05/13 in the Nepali calendar, Lumbini Bikas Bank Limited (LBBL) and the Nepal Stock Exchange (NEPSE) signed an agreement for the listing of 11 Percent L.B.B.L. Debenture 2089 (LBBLD89).

    As per the agreement, 10 lakh units of these debentures are being listed at a par value of Rs. 1000 per unit.

    Trading for these shares is set to commence from Sunday.

    The task of issue management is being handled by Nabil Investment Banking Limited. On the 11th of Bhadra, 2080, the stocks were successfully listed on NEPSE in accordance with the prevailing regulations.