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The final merger agreement between IME General and Prudential Insurance is signed at a swap ratio of 1:1. 1
Business | Market | Economy

The final merger agreement between IME General and Prudential Insurance is signed at a swap ratio of 1:1.

  IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) sign a merger agreement, and the two companies will be combined using a 1: 1 swap ratio. IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) reached an agreement for the merger during a meeting of the Board of Directors on […]

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NEPSE Settles at 1,949.06, Up 1.18%; All Sectors Close Green, Led by "Trading" 3
NEPSE NEWS

NEPSE Settles at 1,949.06, Up 1.18%; All Sectors Close Green, Led by “Trading”

The NEPSE index closed at 1,949.06 today, up 22.65 points from the previous trading day’s close. This represents a 1.18% increase. Yesterday, the index fell 6.90 points. Today, the index opened at 1,926.28 and closed at 1,925.41. In contrast, it reached a high of 1,949.17 before settling at 1,949.06.  

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Gains Rs 2,900 per tola in one day, trading at Rs 110,000 5
Gold | Silver | Forex

Gains Rs 2,900 per tola in one day, trading at Rs 110,000

Gold prices are once again making news, since the value of gold reached an all-time high on March 19, 2023, i.e. today. Today’s gain is the consequence of a Rs. 2900 one-day increase from yesterday’s pricing. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at […]

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The NEPSE is down 6.90 points, with an intraday turnover of Rs 1.069 crore. 7
NEPSE NEWS

The NEPSE is down 6.90 points, with an intraday turnover of Rs 1.069 crore.

The NEPSE index finished at 1,926.40 today, down 6.90 points from the previous trading day’s close. This is a 0.36% decrease. Last Thursday, the index fell 5.32 points. The index began at 1,933.23 and reached an intraday high of 1,939.43 today. In contrast, it dropped as low as 1,922.22 before closing at 1,926.40. Through 30,775 […]

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Gold will soon reach an all-time high; it has risen by Rs. 400 per tola today, while silver is trading at Rs. 1,310. 9
Gold | Silver | Forex

Gold will soon reach an all-time high; it has risen by Rs. 400 per tola today, while silver is trading at Rs. 1,310.

  Today’s gold price has risen by Rs. 400 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 107,100 per tola. Yesterday, the rate remained unchanged at Rs. 106,700 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 106,600. In contrast, […]

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This week, NEPSE lost 69.39 points (3.46%), with a turnover of Rs 6.30 arba. 11
NEPSE NEWS

This week, NEPSE lost 69.39 points (3.46%), with a turnover of Rs 6.30 arba.

This week’s NEPSE index closed at 1,933.31, down 69.39 points (3.46%). Last week, the index closed at 2,002.70, up 1.71% from the previous week. This week, the index reached a high of 2,016.05 and a low of 1920.10, resulting in 95.95 points of volatility. The previous week’s volatility on the index was 67.20 points.  

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The BPW Laghubitta IPO will be completed on Friday; 8,095 applicants will receive 10 units each. 13
IPO | FPO

The BPW Laghubitta IPO will be completed on Friday; 8,095 applicants will receive 10 units each.

BPW Laghubitta Bittiya Sanstha Limited’s initial public offering (IPO) will take place this Friday, 3rd Chaitra, 2079. The allotment program will begin at 11 a.m. on the premises of the issue manager, Mega Capital Markets, in Kamalpokhari. From the 18th to the 23rd Falgun, the company issued 80,950 units of Rs 100 face value shares […]

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NEPSE drops by only 0.27% to settle at 1,933.31 levels. 15
NEPSE NEWS

NEPSE drops by only 0.27% to settle at 1,933.31 levels.

  The NEPSE index closed at 1,933.31 today, down 5.32 points from the previous trading day’s close. This is a 0.27% decrease. Yesterday, the index fell 14.44 points. Today, the index opened at 1,938.62 and closed at 1,919.93. In contrast, it reached a high of 1,946.77 before settling at 1,933.31. Through 26,375 transactions, 258 scrips […]

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Market Roundup: NEPSE Maintains Falling Trend, Dropping 14.44 Points to Limit Intraday Turnover to Rs 1.202 Arba 17
NEPSE NEWS

Market Roundup: NEPSE Maintains Falling Trend, Dropping 14.44 Points to Limit Intraday Turnover to Rs 1.202 Arba

  The NEPSE index closed at 1,938.62 today, down 14.44 points from the previous trading day’s close. This represents a 0.74% decrease. Yesterday, the index rose 1.85 points. The index opened today at 1,953.96 and reached an intraday high of 1,956.37. In contrast, it dropped as low as 1,926.57 before closing at 1,938.62.  

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The IPO of IME Life Insurance Company has been added to the SEBON pipeline. 19
IPO | FPO

The IPO of IME Life Insurance Company has been added to the SEBON pipeline.

  The IME Life Insurance Company Limited Initial Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval. The company intends to sell 12 million unit shares to the general public for Rs. 276 each (Rs 100 face value + Rs 176 premium price). The company will raise a total of Rs. 3.312 […]

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