Tag: Gaining

  • NEPSE Index Surges by 1.88%, Records Highest Turnover in Eleven and a Half Months

    NEPSE Index Surges by 1.88%, Records Highest Turnover in Eleven and a Half Months


    The Nepal Stock Exchange (NEPSE) Index demonstrated a robust performance with a notable gain of 38.14 points or 1.88% compared to the previous day, concluding at 2,060.49 points. This follows a positive trend from the prior trading day, which saw a gain of 27.75 points for the index.

    The day’s market activity commenced with the index opening at 2025.73, reaching an intraday low of 2,025.68, and achieving an intraday high of 2,070.59, indicating dynamic fluctuations throughout the trading session.

    Today’s trading session witnessed the participation of 305 different stocks in 113,693 transactions. The volume of shares traded amounted to 21,497,619, contributing to a total turnover of Rs. 6.86 Arba. Notably, this marks the highest turnover recorded by NEPSE in the past eleven and a half months. The market capitalization stood at Rs. 31.78 Kharba, with a float market capitalization of Rs. 11.05 Kharba.

    Himal Dolakha Hydropower Company Limited (HDHPC) emerged with the highest turnover, reaching Rs. 26.26 crores, and closed at a market price of Rs. 149.10.

    Additionally, nine companies experienced positive circuit hits during the day. Conversely, Himalayan Power Partner Ltd. (HPPL) faced the highest loss of 7.86%.

    In terms of sector performance, all sectors closed in the green except for the “HydroPower Index.” The “Microfinance Index” observed the highest gain of 5.53%, while the “HydroPower Index” incurred a loss of 0.33%. This indicates a generally positive market sentiment with particular strength in the microfinance sector.

  • Gold Prices Surge by Rs. 700 Per Tola in Nepali Market

    Gold Prices Surge by Rs. 700 Per Tola in Nepali Market


    The price of gold, a highly valued precious metal, has witnessed a notable increase of Rs. 700 per tola compared to the trading price recorded on Wednesday. The Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reported today that fine gold is currently being traded at Rs. 1,15,700 per tola, marking a Rs. 700 uptick from Wednesday’s trading rate of Rs. 1,15,000 per tola.

    In a similar fashion, Tejabi gold is available today at Rs. 1,15,150 per tola, demonstrating a price increase of Rs. 700 in comparison to yesterday’s rate, which stood at Rs. 1,14,450 per tola. It’s worth noting that just on October 29, 2023, gold prices reached historic levels, with fine gold commanding a remarkable price of Rs. 1,17,000 per tola, and Tejabi gold was trading at Rs. 1,16,450 per tola.

    Furthermore, the price of silver has also seen an uptick, with an increase of Rs. 20 per tola. The current market rate for silver stands at Rs. 1,405 per tola, up from yesterday’s closing rate of Rs. 1,385 per tola.

    On the international front, the current rate for gold stands at USD $1,985.30, while silver is being traded at $22.99 per ounce.

  • “Indian Markets Hit Fresh Record Highs with Sensex Gaining 474 Points, Nifty Nearing 20,000; ITC Joins Rs 6 Trillion Market Cap Club”

    “Indian Markets Hit Fresh Record Highs with Sensex Gaining 474 Points, Nifty Nearing 20,000; ITC Joins Rs 6 Trillion Market Cap Club”


    The stock markets experienced fresh record highs today, with the Sensex surging by 474 points, coming close to reaching the 20,000 mark for Nifty. Among the top gainers, ITC stood out, reaching an all-time high of Rs 492 on the BSE and becoming part of the prestigious Rs 6 trillion market cap club, which includes esteemed companies like Reliance Industries, Tata Consultancy Services, HDFC Bank, ICICI Bank, Hindustan Unilever, and Infosys.

    Despite some fluctuations in trading, the key domestic indices performed exceptionally well, primarily driven by the excitement surrounding the listing of Jio Financial Services following a special pre-open session for Reliance Industries. The Sensex reached an intraday high of 67,619.17, while the Nifty50 almost touched the significant milestone of 20,000, closing at 19,991.85.

    Sector-wise, most indices concluded the day in positive territory, with the exception of the IT index, which saw a slight decline of 0.66 per cent. Notably, Nifty Pharma, FMCG, healthcare, and Nifty Bank exhibited substantial gains, rising by 1.46 per cent, 1.35 per cent, 1.17 per cent, and 1.13 per cent, respectively. The Nifty Next 50, however, was the only broader market index that experienced a slight drop. Overall, it was a positive and promising day for the markets, with several sectors showcasing significant growth.

  • Gold Surges to New All-Time High in Nepalese Market, Gaining Rs. 500 per Tola

    Gold Surges to New All-Time High in Nepalese Market, Gaining Rs. 500 per Tola


    The price of gold in the local market has reached a new all-time high, increasing by Rs. 500 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently being traded at Rs. 112,500 per tola, while Tejabi gold is being traded at Rs. 111,950 per tola. Yesterday, the rates were maintained at Rs. 112,000 and Rs. 111,450 per tola, respectively.

    Just the day before, gold prices had already reached an all-time high in Nepal, with fine gold priced at Rs. 112,000 per tola and Tejabi gold priced at Rs. 111,450 per tola. The continuous rise in gold prices has prompted discussions on the reasons behind the significant increase of Rs. 3,900 per tola in just two days in Nepal.

    In addition to gold, the price of silver has also experienced an increase of Rs. 15 per tola. Currently, silver is being traded at Rs. 1,410 per tola in the local market, compared to the previous day’s closing rate of Rs. 1,395 per tola.

  • Gold Price Surges Near All-Time High Record with Significant Gains

    Gold Price Surges Near All-Time High Record with Significant Gains


    The price of gold is reaching an all-time high record, and today it experienced significant gains. Fine gold rose by Rs. 2400 in a single day, while tejabi gold increased by Rs. 2350 compared to yesterday’s price.

    According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is currently being traded at Rs. 110,500 per tola, up from Rs. 108,100 per tola yesterday. Tejabi gold, on the other hand, is being traded at Rs. 109,950 today, compared to Rs. 107,600 per tola yesterday.

    Just recently, on April 5, 2023, the price of gold reached an all-time high in the Nepalese market. Fine gold was traded at Rs. 111,000 per tola, while tejabi gold reached Rs. 110,450 per tola on that day.

    In addition, silver has also seen a gain of Rs. 15 per tola. The shiny white metal is now being traded at Rs. 1,375 per tola in the local market, up from yesterday’s closing rate of Rs. 1,360 per tola.

    In the international market, the current price of gold stands at USD $1,948.10 per ounce, while silver is being traded at $23.18 per ounce.

  • Chhyangdi Hydropower Company Limited has changed the right share rates from 150% to 100%.

    Chhyangdi Hydropower Company Limited has changed the right share rates from 150% to 100%.


    Chhyangdi Hydropower Company Limited has changed the right share rates from 150% to 100%.

    According to regulatory guidelines, the 93rd meeting of the board of directors of Chhyangdi Hydropower Company Ltd (CHL) convened on Tuesday Chaitra 21, 2079 agreed to issue 100% right shares on a paid-up capital of Rs. 38.67 Crores.

    Earlier, the business sought to issue right shares in the ratio of 150% of the paid-up capital, i.e. 1:1.5, after gaining regulatory permission. Yet, the decision was submitted for approval at the company’s annual general meeting.

  • Gold sets a new all-time high, gaining Rs 2000 per tola in a single day to trade at Rs 111,000.

    Gold sets a new all-time high, gaining Rs 2000 per tola in a single day to trade at Rs 111,000.


    Gold prices continue to break all-time highs. Today’s increase is due to a single-day gain of Rs. 2000 in fine gold, while tejabi gold has climbed by Rs. 1,950 from yesterday’s price.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at Rs. 111,000 per tola. Yesterday, the tariff remained unchanged at Rs. 109,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 110,450. In contrast, the cost was kept at Rs. 108,500 per tola yesterday.

    On March 19, 2023, the price of gold reached an all-time high on the Nepali market. Fine gold cost Rs. 110,000 a tola, while tejabi gold cost Rs. 109,500.

  • Gold has returned to trading at Rs. 109,000 per tola after gaining Rs. 1000 per tola in a single day.

    Gold has returned to trading at Rs. 109,000 per tola after gaining Rs. 1000 per tola in a single day.


     

    Today’s gold price has risen by Rs. 1000 per tola.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 109,000 per tola. Yesterday, the rate remained unchanged at Rs. 108,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 108,500. In contrast, the rate was kept at Rs. 107,500 per tola yesterday.

  • Gold is currently trading at Rs 104,100, having gained Rs 600 per tola today.

    Gold is currently trading at Rs 104,100, having gained Rs 600 per tola today.


    Today’s gold price has risen by Rs. 600 on the domestic market.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 104,100 per tola. Yesterday, the pricing remained unchanged at Rs. 103,500 per tola. Meanwhile, Tejabi gold is currently trading for Rs. 103,600. In contrast, the cost was kept at Rs. 103,000 per tola yesterday.

    Silver has gained Rs. 10 per tola on the sidelines. The gleaming white gold is currently trading in the local market for Rs. 1,255 per tola, up from Rs. 1,245 per tola yesterday.

    Gold is currently trading at USD $1,877.10 per ounce on the international market, while silver is trading at USD $1.30 per ounce.

  • The NEPSE Index rises 2.56%, gaining 50.04 points to settle at 2,002.70.

    The NEPSE Index rises 2.56%, gaining 50.04 points to settle at 2,002.70.


     

    SHIVAM CEMENTS LTD (SHIVM) shares traded the most and had the highest turnover of Rs. 7.85 crores closing at a market price of Rs. 455 per share.

    Shuvam Power Limited (SPL) gained the highest 9.98% and technically hit positive for the day.

    Conversely, Siddhartha Investment Growth Scheme – 2 (SIGS2) lost the highest 5.81% today.

    All sector indices closed green, “Hydropower” gained the highest 3.59% while “Manufacturing And Processing” gained the least 1.53% today.

     

     

  • NEPSE drops another 23.60 points to 2,046.81.

    NEPSE drops another 23.60 points to 2,046.81.


     

    The NEPSE index closed today at 2,046.81, a decrease of 23.60 points from the previous trading day’s close. This represents a 1.14% decrease. The following are the results of the survey.

    Today, the index opened at 2,069.67 and reached an intraday high of 2,069.78. It fell as low as 2,040.18 before

  • The NEPSE Index falls further 13.90 points, closing at 2,091.56.

    The NEPSE Index falls further 13.90 points, closing at 2,091.56.


    Unilever Nepal Limited (UNL) rose the most for the day, gaining 8.54%.

    Garima Debenture, 2085 (GBBD85) dropped the most today, losing 9.97%.

    Only one sector finished in the green today, “Hotels and Tourism,” which lost the most 1.24% apiece, while “Manufacturing and Processing” gained 0.90%.