Economics
Gold Prices in Nepal Experience a Significant Drop of Rs. 2,400 per Tola
The price of gold has witnessed a notable decrease of Rs. 2,400 per tola today, as reported by the official website of the Federation of Nepal Gold and Silver Dealers’ Association. The current value of fine gold is recorded at Rs. 1,19,200 per tola, representing a decline from its previous day’s stable position at Rs. […]
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Prabhu Insurance Initiates Auction of 19,79,424 Promoter Shares of Nepal Reinsurance Company Limited
Prabhu Insurance Limited has initiated an auction for 19,79,424 units of promoter shares belonging to Nepal Reinsurance Company Limited (NRIC). The auction period is set to run from the 19th to the 26th of Mangsir, 2080. During this auction, the specified 19,79,424 units of promoter shares of Nepal Reinsurance Company Limited will be available for […]
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NEPSE Index Records a 0.54% Decline Amidst Mixed Performances in Sector Indices
The Nepal Stock Exchange (NEPSE) Index registered a decline of 10.10 points, equivalent to 0.54%, compared to the previous day’s closing, settling at 1,837.71 points. The index had experienced a loss of 3.42 points in the trading session immediately preceding this. The trading day commenced with the index opening at 1849.01, reaching an intraday low […]
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Kumari Bank Initiates Auction of 22,000 Promoter Shares: Exclusive Opportunity for Existing Promoter Shareholders
The current promoter of Kumari Bank Limited (KBL) has initiated the auction of 22,000 units of shares, exclusively available to interested existing promoter shareholders starting today. Nagendra Prasad Bimali aims to sell these units to current promoter shareholders, and interested parties are invited to participate in the auction within 35 days from the publication date […]
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Citizens Bank International Limited Initiates Auction of Promoter Shares: Exclusive Opportunity for Existing Promoter Shareholders
The current promoter of Citizens Bank International Limited (CZBIL) has initiated the auction of 70,490.61 units of shares, exclusively available to interested existing promoter shareholders, starting today. Ila Sharma plans to divest 70,490.61 units of promoter shares, and the auction is open exclusively to current promoter shareholders. The minimum bid rate for the auction has […]
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Nepalese Gold Market Hits Record High: Fine Gold Peaks at Rs. 1,21,600 per Tola
The Nepalese gold market experienced an extraordinary surge, reaching an unprecedented peak on December 4, 2023. The Federation of Nepal Gold and Silver Dealers’ Association reported an astonishing single-day increase of Rs. 800, driving the price of fine gold to an extraordinary level of Rs. 1,21,600 per tola. Just a day earlier, on December 3, […]
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Unnati Sahakarya Laghubitta Lists 1,78,451.18 FPO Shares on NEPSE with LTP of Rs. 671
Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) has successfully listed 1,78,451.18 units of Further Public Offering (FPO) shares on the Nepal Stock Exchange (NEPSE). The microfinance institution had issued these FPO shares with a face value of Rs. 100 to the general public. The offering took place from the 21st Kartik to the 24th Kartik, […]
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People’s Power Limited Announces 50% Right Share Issuance for Capital Expansion and Project Development
In accordance with the decision made during the Board of Directors meeting of People’s Power Limited (PPL), the company has resolved to issue right shares at a ratio of 1:0.5, equivalent to 50% of the existing shares. The decision, made during the meeting held on Mangsir 17, entails the issuance of 50% right shares based […]
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NEPSE Index Records Minor Losses as Stock Market Sees Mixed Performances
The Nepal Stock Exchange (NEPSE) Index recorded a decline of 3.42 points, equivalent to 0.18%, compared to the previous day’s closing, settling at 1,847.81 points. The index had experienced a loss of 7.29 points in the trading session immediately preceding this. The trading day commenced with the index opening at 1848.71, reaching an intraday low […]
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Terhathum Power Company Limited Announces 6th AGM and Right Share Issuance Plans
Terhathum Power Company Limited (TPC) has announced its 6th Annual General Meeting (AGM) scheduled for the 21st of Poush, 2080 (January 6, 2024). The meeting is slated to commence at 12:30 p.m. and will take place at the Company Register Office in Battisputali, Kathmandu. The key agendas for the AGM include the endorsement of the […]
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