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Non-Life Insurance Sector in Nepal Achieves Rs. 10.44 Arba Premium in FY 2080/81
In the initial three months of the fiscal year 2080/81, concluding at the end of Ashwin, the non-life insurance sector in Nepal achieved remarkable success by accumulating a substantial premium of Rs. 10.44 Arba. This impressive growth is outlined in a recent comprehensive report released by the Nepal Insurance Authority. The robust performance of the […]
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“Nepal Stock Exchange (NEPSE) Reveals OTC Transactions for FY 2079-80, 206 Companies Active in the Market”
The Nepal Stock Exchange (NEPSE) has released the records of Over the Counter (OTC) transactions for the financial year 2079-80, revealing that 206 companies are currently registered and operational in the OTC market. During FY 2079-80, out of the 206 registered companies in the OTC market, shares of 84 companies were actively traded, with a […]
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NEPSE Index Declines by 1.02% as Trading Remains Active
The NEPSE index had a downward trend and closed at 2,075.97 points, experiencing a loss of 21.32 points or 1.02% from the previous day. It had dropped significantly by 53.70 points in the preceding session. Despite starting on a hopeful note at 2,096.72 points, the index faced fluctuations throughout the day. It reached a high […]
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NEPSE closes in the green: 8.39 points higher, while turnover falls to Rs 81.6 crores.
The NEPSE index finished at 1,875.07 today, up 8.39 points from the previous trading day’s close. This is a 0.45% increase. Yesterday, the index fell 5.20 points. Today, the index began at 1,866.83 and closed at 1,857.63. In contrast, it reached a high of 1,878.53 before closing at 1,875.07. Through 21,504 transactions, 262 scrips changed […]
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Mahalaxmi Bikas Bank introduces new home and business loan schemes, lowering the interest rate to 12.99% with a special service charge discount.
In addition to the new year’s special offer, the bank is offering a 0.25% discount on the service charge for both of these loan schemes for female home/business owners for a limited time. According to the media statement, borrowers can also receive up to 100% of the cost of the home/building as a loan […]
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Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba.
Insurance companies are competing with one another to collect more premiums. Out of its 1.4 crore total active insurance policies, life insurance companies collected a total premium of Rs. 93.75 Arba during the fiscal year 2079/80. According to a report published by the Nepal Insurance Authority, Nepal Life Insurance Company Limited collected Rs. 24.37 Arba […]
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The NEPSE Index falls further 13.90 points, closing at 2,091.56.
Unilever Nepal Limited (UNL) rose the most for the day, gaining 8.54%. Garima Debenture, 2085 (GBBD85) dropped the most today, losing 9.97%. Only one sector finished in the green today, “Hotels and Tourism,” which lost the most 1.24% apiece, while “Manufacturing and Processing” gained 0.90%.
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The NEPSE Index rises 12.43 points to close at 2,182.61.
The NEPSE index finished at 2,182.63 today, up 12.45 points from the previous trading day’s close. This is a 0.57% increase. Yesterday, the index fell 7.13 points. Today, the index began at 2,171.17 and closed at 2,153.31. It reached a high of 2,183.75 before settling at 2,182.61. In 35,450 transactions, 257 scrips changed hands. A total of 5,648,212 shares were traded, totaling Rs. 2.062 Arba in activity. This is less than the previous day’s turnover of Rs. 3.691 Arba. API Power Company Ltd. (API) shares were the most actively traded, with a total turnover of Rs. 5.86 crores at a market price of Rs. 302 per share.Barahi Hydropower Public Limited (BHPL) gained the most, gaining 10% and closing the day on a good note. Nabil Balanced Fund-3 (NBF3), on the other hand, lost the most today, losing 5.75%.Only one sector finished in the negative today, “Mutual Fund,” which lost 0.20%, while “Development Bank” gained the most, 1.46%.
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Becoming an Investor in Nepal
Before we get into how to become an investor in Nepal, it’s important to understand who an investor is. An investor is someone who puts money into something with the hope of profiting in the future. A return is the benefit derived from such an investment. Investors are always on the lookout for high-yielding investment […]
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Lockdown Online Job Opportunities: How to Earn Money Online during Lockdown
The covid19 pandemic is not only putting millions of people’s lives in peril, but it is also devastating the global economy. Our government has proclaimed general vacations and imposed a travel ban on the general public in order to combat the spread of Coronavirus. Nobody knows how long it will take for things to return […]
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