Banking
Vishal Group Limited Initiates Auction of 15,00,000 Promoter Shares of Nepal Reinsurance Company Limited (NRIC) with NIC Asia Capital as Auction Manager
Vishal Group Limited has initiated the auction of 15,00,000 units of promoter shares belonging to Nepal Reinsurance Company Limited (NRIC). The auction, which commenced today on the 24th of Poush, is set to continue until the 29th of Magh, 2080. The auction specifically involves 15,00,000 units of promoter shares from Nepal Reinsurance Company Limited, and […]
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Gold Prices in Nepalese Market Dip by Rs. 200 per Tola Today
The price of gold witnessed a decrease of Rs. 200 per tola today, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). The current trading rate for fine gold, as reported by FENEGOSIDA, is Rs. 1,18,600 per tola, reflecting a decline of Rs. 200 compared to the previous day’s trading price of […]
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NMB Bank and HIDCL to Invest 7.40 Arba Rupees in Upper Modi A Hydropower Project
NMB Bank and the Hydroelectricity Investment and Development (HIDCL) Company have jointly committed a substantial investment of 7.40 Arba rupees towards the Upper Modi A hydropower project. In this collaboration, NMB Bank will contribute 4.40 Arba rupees, while HIDCL will invest 3 Arba rupees. The signing of a tripartite loan agreement formalized this partnership, witnessed […]
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NEPSE Index Gains 1.00%, Led by Strong Performances in Various Sectors
The Nepal Stock Exchange (NEPSE) Index displayed a positive trend, registering a gain of 20.62 points or 1.00% compared to the previous day’s closing, concluding at 2,080.12 points. This follows a previous trading day where the index experienced a gain of 36.57 points. The market opened today with the index starting at 2063.56, fluctuating between […]
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Gold Prices in Nepal Decline by Rs. 700 per Tola, Silver Sees a Decrease of Rs. 5
The price of gold witnessed a decline of Rs. 700 per tola today, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). The current trading rate for fine gold is reported to be Rs. 1,18,800 per tola, reflecting a decrease of Rs. 700 compared to the previous day’s trading price of Rs. […]
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NEPSE Index Soars by 1.80% in Today’s Trading Session: Highlights of Positive Market Momentum
The Nepal Stock Exchange (NEPSE) Index demonstrated a substantial increase of 36.57 points, equivalent to 1.80%, compared to the previous day’s closing, settling at 2,059.49 points. This positive shift follows a downturn of 26.36 points in the preceding trading session. The day commenced with the index opening at 2025.89, registering an intraday low of 2,025.62, […]
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NEPSE Index Surges by 1.80% in Today’s Trading: Positive Momentum and Notable Market Highlights
The Nepal Stock Exchange (NEPSE) Index witnessed a notable gain of 36.57 points, equivalent to 1.80%, compared to the previous day’s closing, concluding at 2,059.49 points. This positive momentum follows a loss of 26.36 points in the previous trading session. The day started with the index opening at 2025.89, touching an intraday low of 2,025.62, […]
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Listing Update: 10% Citizens Bank Debenture 2090 (CIZBD90) Now Tradable on NEPSE
An agreement between Citizens Bank International Limited (CZBIL) and the Nepal Stock Exchange (NEPSE) has been formalized for the listing of the “10% Citizens Bank Debenture 2090 (CIZBD90).” The agreement marks the listing of 30,00,000 units at a par value of Rs. 1000 per unit. The debenture issue commenced on the 17th of Ashwin and […]
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Closure and Distribution: NIBL Pragati Fund Nearing Maturity on Poush 26, 2080
The NIBL Pragati Fund (NIBLPF), a closed-end 7-year mutual fund scheme with a total size of Rs. 75 Crore, is set to reach maturity on the 26th of Poush, 2080. Managed by NIMB Ace Capital Limited, with NIMB Bank Limited as the fund sponsor, the scheme is scheduled to issue its delisting notice on the […]
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SEBON Approval: Ridi Power and Arun Valley Hydropower Set to Issue Right Shares for Expansion
“The Securities Board of Nepal (SEBON) has given the green light to the rights offering proposals of two hydropower companies, Ridi Power Company Limited (RIDI) and Arun Valley Hydropower Development Company Limited (AHPC). Ridi Power Company plans to issue 50% right shares, totaling Rs. 77.44 Crores, equivalent to 7,744,506 units, to its existing shareholders. This […]
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