Tag: do

  • Issuance of Ghalemdi HydroEndorse Agendas Related Right Shares

    Issuance of Ghalemdi HydroEndorse Agendas Related Right Shares


    Ghalemdi Hydro Limited (GHL) has scheduled its 9th Annual General Meeting (AGM) for the 16th of Baisakh, 2080. The meeting will begin at 10:30 a.m. that day at Sasa Banquet in Nayabazar, Kathamndu.

     

  • This week, NEPSE fell by 2.19%

    This week, NEPSE fell by 2.19%


     

    This week’s NEPSE index closed at 1,866.79, a loss of 41.76 points (2.19%). Last week, the index closed at 1,908.55, down 0.34% from the previous week.

    This week, the index reached a high of 1,928.66 and a low of 1856.69, resulting in 71.97 points of volatility. In the previous week, the index experienced 71.44 points of volatility.

  • Economic growth is expected to slow to 4.1% in 2023, with inflation remaining at 7.4%, according to the Asian Development Bank.

    Economic growth is expected to slow to 4.1% in 2023, with inflation remaining at 7.4%, according to the Asian Development Bank.


     

    The Asian Development Bank (ADB) forecasts 4.1 percent economic growth in Nepal in 2023, with inflation at 7.4 percent.

    According to the April 2023 Asian Development Outlook (ADO), Nepal’s economic growth rate is expected to slow in 2023 compared to last year due to tight monetary policy, sluggish domestic demand, the unwinding of pandemic stimulus, and persistent global headwinds.

  • Gold is down Rs 800 from its all-time high, trading at Rs 110,200 per tola; silver is down Rs 5.

    Gold is down Rs 800 from its all-time high, trading at Rs 110,200 per tola; silver is down Rs 5.


     

    Today’s gold price has dropped by Rs. 800 per tola.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 110,200 per tola. Yesterday, the rate remained unchanged at Rs. 111,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 109,650. In contrast, the rate was kept at Rs. 110,450 per tola yesterday.

     

  • NEPSE fell by 0.44% today to close at 1,866.79; only three sectors closed in the green.

    NEPSE fell by 0.44% today to close at 1,866.79; only three sectors closed in the green.


    The NEPSE index closed at 1,866.79 today, down 8.28 points from the previous trading day’s close. This is a 0.44% decrease. Yesterday, the index rose 8.39 points.

    The index opened today at 1,875.88 and reached an intraday high of 1,888.82. In contrast, it dropped as low as 1,864.51 before closing at 1,866.79.

    Through 23,388 transactions, 269 scrips changed hands. A total of 2,870,819 shares were traded, totaling Rs. 92.06 crores in turnover. This exceeds the previous trading day’s turnover of Rs. 81.6 Crores.

     

  • Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE

    Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE


    Sunrise Focused Equity Fund (SFEF) units worth $10 billion have been listed on NEPSE. The fund initially offered just 12 crore units, however the offering was downsized due to a reduced number of applications.

    The “Sunrise Focused Equity Fund” is a closed-end fund with a 10-year maturity horizon. On the 10th of Magh, Sunrise Capital allocated its Sunrise Focused Equity Fund. Nevertheless, the close-ended mutual fund received just 10 crore unit mutual fund applications out of the 12 crores available, forcing the fund manager to decrease the fund’s corpus to Rs 1 Arba.

  • The NEPSE Index falls another 5.20 points to close at 1,866.68.

    The NEPSE Index falls another 5.20 points to close at 1,866.68.


     

    The NEPSE index closed at 1,866.68 today, down 5.20 points from the previous trading day’s close. This is a 0.28% decrease. Yesterday, the index fell 16.67 points.

    Today, the index opened at 1,872.65 and closed at 1,856.69. In contrast, it reached a high of 1,880.31 before settling at 1,866.68.

    Through 23,170 transactions, 264 scrips changed hands. A total of 2,971,947 shares were traded, totaling Rs. 91.76 crores in turnover. This is less than the previous day’s turnover of Rs. 92.02 Crores.

     

  • Dolti Power Company will issue 12,71,861 unit IPO shares from Chaitra 28 in an IPO for the general public.

    Dolti Power Company will issue 12,71,861 unit IPO shares from Chaitra 28 in an IPO for the general public.


    Dolti Power Company Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO).

    From the 28th Chaitra of 2079, the company will issue 12,71,861 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 12.71 crore for the company. This issue’s early closing date is the 3rd Baisakh, and if it is still not fully subscribed, it can be extended until the 12th Baisakh, 2080.

     

  • NEPSE drops 16.67 points to settle at 1,871.88; intraday turnover falls to Rs. 92.02 crores.

    NEPSE drops 16.67 points to settle at 1,871.88; intraday turnover falls to Rs. 92.02 crores.


     

    The NEPSE index closed at 1,871.88 today, down 16.67 points from the previous trading day’s close. This represents a 0.88% decrease. Yesterday, the index dropped 20.00 points.

    The index began the day at 1,888.61 and reached an intraday high of 1,891.76. In contrast, it dropped as low as 1,866.16 before closing at 1,871.88.

     

  • On Chaitra 20, Dolti Power Company distributed IPO shares to project-affected residents of Dailekh District.

    On Chaitra 20, Dolti Power Company distributed IPO shares to project-affected residents of Dailekh District.


    Dolti Power Company Limited has distributed IPO shares to Dailekh District residents affected by the project. The allotment program came to an end on Chaitra 20, 2079.

    The company’s issued capital is Rs. 53.64 crores, of which 10%, or 536,486 unit shares worth Rs. 5.36 crores, were allocated to project-affected Dailekh District residents. Meanwhile, 20% of the company’s issued capital, or 10,72,972 unit shares, will be made available to the general public later. 10% of the shares in this public offering, totaling 107,298 units, were reserved for Nepalese citizens working abroad. The problem had begun on the 8th of Falgun, 2079.

     

  • NEPSE fell 6.59 points (0.34%) this week, with a turnover of Rs 5.83 arba; Weekly Summary with Technical Analysis, Sector Comparison, Major Highlights, and More

    NEPSE fell 6.59 points (0.34%) this week, with a turnover of Rs 5.83 arba; Weekly Summary with Technical Analysis, Sector Comparison, Major Highlights, and More


    This week’s NEPSE index closed at 1,908.55, down 6.59 points (0.34%). Last week, the index closed at 1,915.14, up 0.94% from the previous week.

    This week, the index reached a high of 1,936.43 and a low of 1.864.99, resulting in 71.44 points of volatility. In the previous week, the index experienced volatility of 55.81 points.