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Gold Prices Soar to Record Highs in Nepal on March 5, 2024
The gold market in Nepal saw an extraordinary surge, reaching an unprecedented all-time high on March 5, 2024. According to the Federation of Nepal Gold and Silver Dealers’ Association, fine gold recorded a remarkable single-day increase of Rs. 2,000, soaring to an extraordinary rate of Rs. 1,23,000 per tola. This surge surpassed the previous record […]
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NEPSE Faces Sharp Decline of 3.38%
The Nepal Stock Exchange (NEPSE) Index faced a significant setback, recording a loss of 70.31 points or 3.38% from the previous day’s closing, concluding at 2,007.69 points. The market witnessed a remarkable surge of 6% on the preceding day, leading to a series of trading halts and ultimately resulting in the early closure of the […]
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NEPSE Index Declines by 3.38% in Market Setback Following Previous Day’s Surge
The Nepal Stock Exchange (NEPSE) Index faced a notable setback, witnessing a decline of 70.31 points or 3.38% from the prior day’s close, settling at 2,007.69 points. This followed a remarkable 6% surge in the market on the previous day, which led to a series of trading halts and ultimately resulted in an early closure […]
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NEPSE Temporarily Suspends Trading as Benchmark Index Surges 4.04%
The Nepal Stock Exchange Limited (NEPSE) encountered a rapid surge, witnessing a significant 4.04% increase within the initial three minutes of the market opening today, reaching a level of 2,039.60 points. This substantial rise prompted NEPSE to implement a temporary suspension of its operations. The total turnover during this brief period amounted to 14.8 Crore. […]
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Mountain Energy Nepal Announces 10th AGM, Proposes 15.7895% Dividend for FY 2079/80
Mountain Energy Nepal Limited (MEN) has scheduled its 10th Annual General Meeting (AGM) for the 13th of Chaitra, 2080. The meeting is set to take place at Amrapali Banquet Catering & Events in Bhatbhateni, Kathmandu, starting at 10:30 AM on the specified date. Among the key agendas to be discussed during the AGM is the […]
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Sabottam Cement IPO Allotment: Awaiting Lucky Winners through Friday’s Lottery System
The IPO allotment process for Sabottam Cement, a prominent cement company, is set to conclude on Friday. Lucky applicants who successfully secure shares will receive an allotment of 50 units each through a lottery system. This eagerly anticipated event marks a significant step in the company’s public offering, providing an opportunity for investors to become […]
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National Laghubitta Calls 10th AGM to Discuss 15% Dividend for FY 2079/80
National Laghubitta Bittiya Sanstha Limited (NMFBS) has convened its 10th Annual General Meeting (AGM) scheduled for March 16, 2080. The AGM will take place at Dhulikhel Lodge Resort, Dhulikhel, Kavrepalanchowk, commencing at 10:30 AM. Among the proposed agendas, the AGM will consider endorsing a 15% dividend for the fiscal year 2079/80. The decision was made […]
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Citizens Bank Introduces 9.99% Fixed-Rate Home Loan Scheme for 7 Years
Citizens Bank International Limited (CZBIL) is launching a home loan scheme featuring a fixed interest rate of 9.99% for the initial seven years, providing customers with an opportunity to realize their dream homes. Following this initial period, a premium rate, 1% higher than the bank’s average monthly base rate, will be applicable. The home loan […]
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Lower Erkhuwa Hydropower’s IPO Proposal Under SEBON Review for Rs. 28.05 Crores
The Initial Public Offering (IPO) proposal of Lower Erkhuwa Hydropower Company Ltd. is currently under review by SEBON (Securities Board of Nepal). The company has submitted a proposal to issue a total of 2,805,750 shares, aiming to raise Rs. 28.05 crores. The application for the IPO was submitted on Falgun 11, 2080. Muktinath Capital Limited […]
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Auction Alerts: CORBL, ILBS, and UAIL Promoter Shares Up for Bidding
Corporate Development Bank Limited (CORBL) is set to auction 3,08,500 shares to existing promoter shareholders, beginning today. The interested parties are invited to submit their bids within 35 days from the publication date of this notice, i.e., by the 20th of Falgun, 2080. Bids should be submitted at the company’s central office located in Birgunj, […]
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