Business
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 […]
Read MoreClosure 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 […]
Read MoreSEBON 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 […]
Read MoreLife Insurance Companies in Nepal Achieve Remarkable Premium Collection of Rs. 61.75 Arba in the First Five Months of FY 2080/81
During the first fifth month of the fiscal year 2080/81, life insurance companies in Nepal achieved an impressive milestone by collecting a substantial amount of premiums totaling Rs. 61.75 Arba. This significant premium collection resulted from a cumulative total of 13,754,483 active insurance policies held by policyholders until the month of Mangsir. A report published […]
Read MoreNEPSE Concludes The Week With 0.95% Loss and Turnover of Rs 18.15 Arba; Weekly Summary with Sector Comparison, Major Highlights, and More
The Nepal Stock Exchange (NEPSE) experienced fluctuations during the week, witnessing its highest intraday loss of 30.05 points on Tuesday, accompanied by a turnover of Rs 4.04 Arba. However, the total turnover for the week reached Rs 18.15 Arba, with over 4.96 crore unit shares traded through 3,92,995 transactions. The current market capitalization of NEPSE […]
Read MoreHathway Investment Nepal (HATHY): A Phenomenal 1880% Gain for IPO Allottees in Just 47 Trading Days
Hathway Investment Nepal Limited (HATHY) has surpassed expectations since its Initial Public Offering (IPO), making it a standout performer in the market. Established in 2009, Hathway is recognized as Nepal’s pioneering private-equity investment firm, dedicated to impactful investing. The company initiated its public market journey with an IPO priced at Rs. 50 per share, which […]
Read MoreNarayani 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 […]
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