The Nepal Stock Exchange (NEPSE) Index experienced a decrease of 7.29 points, equivalent to 0.39% from the previous day’s closing, settling at 1,851.23 points. In the preceding trading session, the index had incurred a loss of 18.06 points. The day commenced with an opening index of 1858.47, reaching an intraday low of 1,837.85 and a […]
First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has put forward a proposal for a 15% dividend, amounting to Rs. 17.21 Crores, for the fiscal year 2079/80. The decision was made during the 211th meeting of the board of directors on Mangsir 13. This proposed dividend will be distributed on the paid-up capital of Rs. 1.14
NMB Bank Limited (NMB) has announced its decision to abstain from distributing dividends for the Fiscal Year 2079/80. The resolution was reached during the Board Meeting convened on Mangsir 13. It’s crucial to highlight that this decision is subject to the approval of the financial statements by the regulatory authority, Nepal Rastra Bank, and the
United Modi Hydropower Limited (UMHL) has announced its intention to issue right shares in the ratio of 1:1 or 100% right shares, as per the decision made during the recent Board of Directors meeting on Mangsir 13. The proposal aims to release 100% right shares on the existing paid-up capital of Rs. 1.23 Arba, with
Sunrise First Mutual Fund (SFMF) has disclosed its monthly Net Asset Value (NAV) report for Kartik, indicating a NAV of Rs. 10.62, a slight decrease from the previous month’s Rs. 10.70. The closed-end fund, with a 10-year maturity, began with Rs. 86 crores and has invested in listed shares, bonds, debentures, public issues, rights issues,
The Nepal Stock Exchange (NEPSE) witnessed a decline, with the index experiencing a loss of 18.06 points, equivalent to 0.96%, compared to the previous day’s closing, concluding at 1,858.53 points. This follows the trend from the preceding trading day, which incurred a loss of 17.93 points. The trading day commenced with the index opening at
“The Nepalese gold market experiences an unprecedented surge as prices hit an all-time high on November 29, 2023. The Federation of Nepal Gold and Silver Dealers’ Association reports a remarkable single-day gain of Rs. 1600, driving fine gold to an extraordinary rate of Rs. 119,300 per tola. Just a day earlier, on November 28, 2023,
“Sarbottam Cement Limited Initiates Book-Building IPO for General Public Participation” Sarbottam Cement Limited is gearing up to launch its Initial Public Offering (IPO) to the general public, employing the book-building method for the first time. The IPO price for common investors is fixed at Rs 360.90 per share, requiring a minimum application of 50 units,
Due to technical difficulties arising from a power outage impacting the NEPSE system, trading on the Nepal Stock Exchange (NEPSE) experienced a delay of 24 minutes, ultimately leading to an early market closure at 3:24 pm instead of the usual closing time. This interruption occurred on the third consecutive day of declining trends in the
Nabil Bank Limited has received approval from the Securities Board of Nepal for its ‘9% Nabil Debenture 2087’ on Mangsir 10, 2080. The debenture issuance comprises a total of 30 lakh units, each with a par value of Rs. 1,000. Out of this total, 12 lakh units will be made available to the general public,
The Nepal Stock Exchange (NEPSE) Index experienced a marginal decline of 2.17 points or 0.11% compared to the previous day’s closing, settling at 1,894.53 points. The preceding trading day had witnessed a loss of 11.27 points for the index. The trading session commenced with the index opening at 1896.4, reaching an intraday low of 1,885.23,
In a development causing anticipation among stakeholders, the decision on the implementation date for the NEPSE 30 index, proposed a month and a half ago in the Nepal Stock Exchange (NEPSE) Board of Directors (BoD), is facing unexpected delays. Despite completing all necessary procedures, the absence of a crucial BoD meeting has become a hurdle
