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Nepal Stock Exchange (NEPSE) Reports Significant Decline in Latest Trading Session
In the most recent trading session, the Nepal Stock Exchange (NEPSE) Index concluded at a value of 1,964.91 points, reflecting a significant decline of 42.14 points or 2.09% when compared to the closing figures from the previous day. Just a day earlier, on Wednesday, the index had inched up slightly, gaining 39.48 points. The day’s […]
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Mid-Solu Hydropower Initiates IPO Offering: 6,21,172 Units Available for Public Subscription
Mid-Solu Hydropower Company Limited has initiated the issuance of 6,21,172 IPO shares, each with a par value of Rs. 100, starting from the 29th of Bhadra, 2080. The early closing date for this IPO issue is set for the 2nd of Ashwin, and in the event that it is not fully subscribed, the closing date […]
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Prabhu Capital Limited to Hold 15th AGM: Dividend and Key Agendas on the Table
Prabhu Capital Limited (PRABHU) has convened its 15th Annual General Meeting (AGM) for the 19th of Ashwin, 2080. The meeting is scheduled to take place at the Aranya Boutique Hotel and Restaurant, located on Nagpokhari Marga in Kathmandu, and is set to commence at 1:00 PM on that day. One of the primary items on […]
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NMFBS Promoter Shares Auction Open to General Public and Institutions
The current promoters of National Laghubitta Bittiya Sanstha Limited (NMFBS) have initiated the auction of 62,500 units of shares, starting from today, which is the 29th of Bhadra, and continuing until the 12th of Ashwin, 2080. This auction is open to existing interested promoter shareholders, as well as the general public and institutions. The auction […]
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Domestic Gold Prices Surge by Rs. 600 per Tola, Silver Also Rises in Nepali Market
In the domestic market today, the price of gold has seen a notable increase, surging by Rs. 600 per tola. The official website of the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reports that fine gold is currently being traded at Rs. 111,800 per tola, marking a significant rise from yesterday’s rate of […]
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NIC Asia Bank Declares 30.5% Dividend After Two-Year Hiatus
NIC Asia Bank Limited (NICA) has made an important financial announcement by declaring a dividend for its investors. The decision was reached during a meeting of the bank’s board of directors on Thursday, the 28th of Bhadra. The dividend distribution plan is based on the profits generated during the financial year 79/80. Under the proposed […]
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NEPSE Index Surges 3.86% in 4-Day Trading Week Following Previous Week’s Losses
This week, the Nepal Stock Exchange (NEPSE) was active for only four trading days due to Thursday being a holiday. During these four days, the NEPSE index showed significant upward momentum, closing at 2007.06 points. This marked an impressive gain of 74.61 points, equivalent to a 3.86% increase. This positive performance was a stark contrast […]
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Himalayan Capital Allots ‘Himalayan 80-20’ Mutual Fund Scheme
Himalayan Capital Limited, the issue manager for the “Himalayan 80-20” MF scheme’s IPO, has announced the completion of allotment for the 85 million units made available to the general public. Initially, Himalayan Capital had offered 10 million units valued at Rs 1 billion, priced at Rs 10 per unit. Out of this total, 15 percent […]
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Chirkhwa Hydropower IPO Allotment for Nepali Migrants
On Tuesday, which was Bhadra 26 in the Nepali calendar, the Chirkhwa Hydropower IPO was allocated to Nepali migrant workers living abroad. The IPO distribution took place at the office of RBB Merchant Banking Limited, which serves as the company’s IPO issue manager.
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Gold Drops Rs. 800 per Tola, Silver Down by 15 Rupees
The price of gold saw a decrease of Rs. 800 per tola (fine gold) compared to Tuesday’s trading. Today, fine gold is valued at Rs. 1,11,200 per tola, while tejabi gold is priced at Rs. 110,650. In contrast, on Tuesday, fine gold was at Rs. 1,12,000 per tola, and tejabi gold was at Rs. 1,11,450. […]
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