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Narayani Development Bank (NABBC) Granted SEBON Approval for Rs. 26.24 Crores Rights Offering
The Securities Board of Nepal (SEBON) has granted approval to Narayani Development Bank Limited’s (NABBC) rights offering proposal on Poush 19, 2080. The bank is set to issue 100% right shares with a total value of Rs. 26.24 Crores, distributing 26,24,676 units (1:1) of right shares among its existing shareholders. Currently holding a paid-up capital […]
Read MoreNepal Stock Exchange Daily Report: Index Sees Decline, Market Highlights, and Sector Analysis
The Nepal Stock Exchange (NEPSE) Index recorded a decline of 26.36 points, equivalent to 1.28%, from the previous day’s closing, concluding at 2,022.92 points. The index had experienced a loss of 8.71 points in the preceding trading session. The market commenced today’s trading with the index opening at 2049.9. Throughout the day, it reached an […]
Read MoreThe Nepal Stock Exchange (NEPSE) Index recorded a decrease of 8.71 points, equivalent to 0.42%, from the previous day’s closing, settling at 2,049.28 points. In contrast, the trading session prior to this reported a gain of 27.90 points for the index. The market opened today with the index starting at 2058.57, reaching an intraday low of 2,046.05, and hitting an intraday high of 2,072.08. Throughout today’s trading activities, a total of 303 different stocks were traded in 108,403 transactions. The traded shares amounted to 16,052,101, generating a total turnover of Rs. 5.58 Arba. The market capitalization was reported at Rs. 31.83 Kharba, with a float market capitalization of Rs. 11.00 Kharba. Sonapur Minerals And Oil Limited (SONA) emerged with the highest turnover, reaching Rs. 33.45 crores, and closed at a market price of Rs. 508. Among today’s notable performers, Kalika Power Company Ltd (KPCL) and Singati Hydro Energy Limited (SHEL) experienced the highest gains, both at 10%. Following closely were Nepal Warehousing Company Limited (NWCL) at 9.99% and Muktinath Krishi Company Limited (MKCL) at 9.98%. Conversely, Siddhartha Premier Insurance Limited (SPIL) faced the highest loss of 6.56%. Regarding sector indices, only four sectors closed positively today. The “Trading Index” saw the most significant gain of 2.34%, while the “Others Index” experienced a loss of 3.70%.
The Nepal Stock Exchange (NEPSE) Index recorded a decrease of 8.71 points, equivalent to 0.42%, from the previous day’s closing, settling at 2,049.28 points. In contrast, the trading session prior to this reported a gain of 27.90 points for the index. The market opened today with the index starting at 2058.57, reaching an intraday low […]
Read MoreMadhesh Province’s Financial Sector Witnesses Robust Growth: 13.25% Surge in Deposits and 4.68% Rise in Loans
The financial sector in Madhesh province is undergoing a notable expansion, as evidenced by the annual report on regional economic activity presented by the Nepal Rastra Bank for the fiscal year 2079/80. The report discloses a substantial 13.25% surge in total deposits and a 4.68% increase in loans, reflecting a positive trend in the banking […]
Read MoreCitizen Life Insurance Company Prepares for 7th AGM, Proposing a 5.2632% Dividend for FY 2079/80
Citizen Life Insurance Company Limited (CLI) has scheduled its 7th Annual General Meeting (AGM) for the 14th of Magh, 2080. The venue for the meeting is Amrapali Banquet, Naxal, Kathmandu, and it is set to commence at 11 AM on that day. One of the key agendas for the AGM is the endorsement of a […]
Read MoreSeize Your Share: Final Day for Dividends from SIFC, BNT, and MH
Today marks the final opportunity for shareholders to seize the proposed 5.05% cash dividend declared by Shree Investment Finance Company Limited (SIFC). The company’s 29th Annual General Meeting (AGM) is scheduled for the 29th of Poush, 2080, at the office of the company registrar in Dillibazar, Kathmandu, beginning at 10 am. The decision to distribute […]
Read MoreNepal SBI Bank Declares 10.55% Dividend: Shareholders Encouraged to Dematerialize for Seamless Distribution
Nepal SBI Bank Limited (SBI) has initiated the distribution of dividends directly to the bank accounts of its shareholders, amounting to 10.55%. The decision was made during the 30th Annual General Meeting (AGM) for the fiscal year 2079/80, held on 13th Poush, 2080. The company’s board of directors, in its 506th meeting on Mangsir 01, […]
Read MoreSingati Hydro Energy Limited Announces 100% Right Share Issue: Last Trading Day for Eligibility Approaches
Today marks the final trading day on the Nepal Stock Exchange (NEPSE) for investors to qualify for the entitlement of right shares from Singati Hydro Energy Limited (SHEL). Singati Hydro Energy Limited plans to issue 100% right shares valued at Rs. 1.45 Arba by offering 14,500,000 (1:1) units of right shares to its existing shareholders. […]
Read MoreGold Prices Dip: Rs. 1,300 Drop per Tola, Silver Also Witnesses Decline
Today witnessed a drop in the value of fine gold, with a decrease of Rs. 1,300 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading rate for fine gold is Rs. 1,19,500 per tola. This marks a decline of Rs. 1,300 from the previous day’s trading price, […]
Read MoreNEPSE Index Reports 1.45% Loss: Market Recap and Top Performers
The Nepal Stock Exchange (NEPSE) Index concluded with a loss of 30.05 points, equivalent to 1.45%, compared to the previous day’s closing, settling at 2,030.10 points. In the preceding trading session, the index had experienced a loss of 8.75 points. Today’s market activity began with the index opening at 2,060.47. Throughout the day, it fluctuated, […]
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